Hecla Mining Company Announces Redemption of All Outstanding Shares of Its Series B Cumulative Convertible Preferred Stock
Business Wire•10/11/2026•06:45 ET
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Key Highlights
- ➤Hecla will redeem all Series B preferred shares on December 11, 2026.
- ➤Redemption price totals $50.6806 per share, including accrued dividends.
- ➤150,736 preferred shares imply approximately $7.64 million cash redemption.
- ➤Conversion deadline is December 10, 2026, at approximately 3.2154 common shares per preferred share.
- ➤Full conversion would issue approximately 484,700 Hecla common shares.
Hecla Mining Company Announces Redemption of All Outstanding Shares of Its Series B Cumulative Convertible Preferred Stock
Hecla Mining Company (NYSE: HL) today announced that it has called for redemption of all the outstanding shares of its Series B Cumulative Convertible Preferred Stock (NYSE: HL-PB) (the "Series B Preferred Stock"). The redemption will take place on December 11, 2026 (the "Redemption Date").
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