other material
confidence high
sentiment neutral
materiality 0.50
American National Group to redeem all outstanding Series B preferred depositary shares at $25 each on Oct 6
American National Group Inc.
- All 12,000 Series B preferred shares and 12,000,000 depositary shares to be redeemed on Oct 6, 2025.
- Redemption price $25 per depositary share ($25,000 per Series B share) plus accrued dividends.
- Company intends to delist from NYSE and deregister the depositary shares with SEC.
- After redemption, no Series B Preferred or depositary shares will remain outstanding.