secwatch.observer — SEC 8-K summary
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Issuer:     STRATUS PROPERTIES INC (STRS)
CIK:        0000885508
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0000885508-26-000015
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stratus Properties Inc. announces plan to liquidate and dissolve; estimates distributions of $29.73-$37.69 per share
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- Board approved plan of complete liquidation and dissolution on March 24, 2026; subject to stockholder approval.
- Estimated liquidating distributions of $29.73 to $37.69 per share; after-tax NAV $38.51 per share as of Dec 31, 2025.
- Net income attributable to common stockholders $12.0M ($1.47 diluted EPS) for 2025 vs $2.0M ($0.24) in 2024.
- Completed sales of Kingwood Place ($60.8M) and Lantana Place – Retail ($57.5M); cash and cash equivalents $74.3M at Dec 31, 2025.
- Stock repurchase program: 235,421 shares bought in 2026 for $5.2M; $19.8M remaining from $25.0M authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000015/0000885508-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000015/strs-20260327.htm
  HTML page:      https://secwatch.observer/filing/0000885508-26-000015

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