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Welltower to redeem 6.5% series J cumulative redeemable preferreds
By Wendy Van Sickle
Columbus, Ohio, Feb. 2 – Welltower Inc. will redeem all 11.5 million shares of its 6.5% series J cumulative redeemable preferred stock on March 7, according to a press release.
The preferred shares will be redeemed at par of $25.00 apiece plus accrued dividends.
The Toledo, Ohio-based real estate investment trust invests in senior housing and health care real estate.
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