other material
confidence high
sentiment neutral
materiality 0.35
Albertsons converts remaining Preferred Stock into 2.9M common shares, eliminating all Preferred
Albertsons Companies, Inc.
- Each Preferred share converted at 58.064 common shares; 2,903,200 common shares issued.
- Cumulative common shares issued to Preferred holders reaches 101,611,902 as of filing date.
- No shares of Convertible Preferred Stock remain outstanding after this conversion.
- Conversion executed under Section 3(a)(9) exemption from Securities Act registration.