DiamondRock Hospitality to Redeem All Series A Preferred Shares for $121.5 Million on December 31, 2025
DiamondRock Hospitality Company announced it will redeem all 4,760,000 outstanding Series A Preferred Shares on December 31, 2025, using $121.5 million in cash. The shares will be redeemed at $25.00 per share, plus any accrued dividends. Post-redemption, the shares will cease to accrue dividends. This announcement was made via EDGAR by DiamondRock Hospitality.
DiamondRock Hospitality Company has announced it will redeem all 4,760,000 outstanding shares of its 8.250% Series A Cumulative Redeemable Preferred Stock on December 31, 2025. The company will use approximately $121.5 million in cash on hand to fund the redemption at $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the redemption date. Following the redemption, the Series A Preferred Stock will no longer be outstanding and will cease to accrue dividends. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DiamondRock Hospitality Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001298946-25-000092), on November 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
