Stratus Properties board approves plan to dissolve, estimates $29.73-$37.69 per share distributions

STRATUS PROPERTIES INC

Board unanimously approved complete liquidation and dissolution after strategic review initiated March 11, 2026.
Estimated total stockholder distributions of $29.73 to $37.69 per share from asset sales.
Plan subject to stockholder approval; proxy statement to be filed with SEC.
Board expects to reduce overhead costs and may voluntarily delist from Nasdaq.
Company reports 20-year record of profitable asset sales: 39% average pre-tax gain on $1.3B total sales.

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