From Yahoo Finance · · 1m 10s
Strategy Preferred Stock Nears $100 Par Value
Strategy's preferred stock hits $97.07 after buybacks to reach par value.
In brief
Strategy's preferred stock hits $97.07 after buybacks to reach par value. Strategy's preferred stock (STRC) nears $100 par value after $509.1m buybacks to boost share price. Originally reported by Yahoo Finance.
Strategy's preferred stock nears par value
Strategy's preferred stock (STRC) finished trading at $97.07 U.S. per share on Sept. 17, 2026, after aggressive buybacks.
Stock price dropped below $75 in June
The preferred stock had traded under $75 U.S. per share at the end of June 2026 before recent buybacks.
Strategy targets $100 par value
Strategy has stated it aims to get the preferred stock back to its par value of $100 U.S. per share.
Buybacks cost $950.8m in July
Strategy repurchased nearly 9.96 million preferred shares at a cost of $950.8 million U.S. by the end of July.
Additional buybacks in September
Strategy bought another 1,420,467 shares between Sept. 8 and Sept. 13 at a cost of $139.3 million U.S.
Eight buybacks since June
Strategy has conducted eight buybacks of preferred stock since the end of June 2026 to reach par value.
At a glance
Strategy's preferred stock (STRC) nears $100 par value after $509.1m buybacks to boost share price.
