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CHS, Inc. Message Board

  • carr856 carr856 Sep 19, 2013 1:14 PM Flag

    Prederred Stock Redemption

    CHSCP's preferred stock is redemable right down. This seems to mean that the board has locked in a new redemption date of July 18, 2023. This is actually good news. I can't see why the stock is being dumped. Under this resolution, the company will not be able to redeem its preferred stock in after July 18, 2023. That's almost 10 years from today, which should secure the value of the preferred stock.

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