other material
confidence high
sentiment neutral
materiality 0.60
American National to redeem all Series A Preferred Stock on Feb 24, 2025 at $25/depositary share; to delist from NYSE
American National Group Inc.
- Redemption of all 16,000 shares of Series A Preferred Stock and 16,000,000 depositary shares on February 24, 2025.
- Redemption price of $25.00 per depositary share plus accrued and unpaid dividends.
- Company intends to voluntarily delist the depositary shares from NYSE and deregister with SEC.
- Deregistration expected to become effective 90 days after filing Form 15 following Redemption Date.