dividend
confidence high
sentiment neutral
materiality 0.40
APi Group issues 2.54M common shares as 2024 preferred stock dividend
APi Group Corp
- Board approved stock dividend of 2,543,662 common shares to Series A preferred holders on Dec 31, 2024.
- Triggered by 10-day VWAP of $37.3070 exceeding prior year's $33.9465 threshold.
- Shares issued Jan 2, 2025; total common outstanding rises to 277,321,989.
- Settles 2024 annual dividend amount on the 4,000,000 Series A preferred shares.