CHS Inc. announces price for shares of preferred stock for redemption of $200 million of patrons’ equity
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The price of the Class
"This distribution allows CHS to deliver direct economic value to our owners by retiring eligible qualified equity with shares of CHS preferred stock," said
Bielenberg said the special equity redemption with preferred stock is in keeping with the board's goals of providing an appropriate economic return to the cooperative's owners while at the same time investing in the future and maintaining a strong balance sheet.
Of the qualified equity to be redeemed with preferred stock,
A registration statement relating to the Class
This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the
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