#OceanFirst Financial Corp. to Redeem All Outstanding Preferred Shares Amid Market Uncertainty,
1 Articles
1 Articles
#OceanFirst Financial Corp. to Redeem All Outstanding Preferred Shares Amid Market Uncertainty,
OceanFirst Financial Corp. Announces Complete Redemption of Preferred Shares Amid Market Volatility In a strategic maneuver aimed at refining its capital structure, OceanFirst Financial Corp. (NASDAQ: OCFC) has announced the upcoming redemption of all 57,370 shares of its 7.00% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (the Series A Preferred Stock). This decision will culminate on May 15, 2025, coinciding with th…
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