Stratus Properties pays USD 5 per share initial liquidating distribution under wind-down plan
Reuters2026/08/31 18:56- Stratus Properties launched an initial liquidating distribution under its Plan of Liquidation, paying a special cash dividend of USD 5 per share.
- Payment date set for July 20, 2026, for shareholders of record on July 13, 2026.
- Distribution expected to reduce shareholders’ tax basis to zero, with any excess treated as capital gain.
- Any remaining basis may be recognized as a capital loss in the tax year of the final liquidation distribution.
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