BRIEF-Arconic announces mandatory conversion of its preferred stock [Reuters]
Arconic Corporation (ARNC)
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Source: Reuters
BRIEF-Arconic announces mandatory conversion of its preferred stock | Reuters Reuters Staff 1 Min Read Sept 28 (Reuters) - Arconic Inc * Arconic announces mandatory conversion of its 5.375% Class B mandatory convertible preferred stock * Outstanding 5.375% Class B mandatory convertible preferred stock to convert to shares of common stock at rate of 15.6996 common shares * Conversion deemed effective on October 1, 2017, mandatory conversion date? Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. All Rights Reserved. BRIEF-Arconic announces mandatory conversion of its preferred stock Sept 28 (Reuters) - Arconic Inc * Arconic announces mandatory conversion of its 5.375% Class B mandatory convertible preferred stock * Outstanding 5.375% Class B mandatory convertible preferred stock to convert to shares of common stock at rate of 15.6996 common shares * Conversion deeme
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