# Strategy Preferred Stock Nears $100 Par Value

> Strategy's preferred stock hits $97.07 after buybacks to reach par value.
- Title: Strategy Preferred Stock Nears $100 Par Value · Yahoo Finance
- Summary: 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…
- Keywords: strategy, preferred stock, par value, buyback, bitcoin, mstr, strc, nasdaq, business, finance, Preferred, Stock
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/strategy-preferred-stock-nears-par-132700962.html
- Published: 2026-09-17T13:27:00+00:00
- Read time: 1 min
- Topics: strategy, preferred stock, par value, buyback, bitcoin, mstr, strc, nasdaq, business, 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.
## Key takeaway

Strategy's preferred stock (STRC) nears $100 par value after $509.1m buybacks to boost share price.