CTO Realty Growth, Inc. 8-K Report: Insights on Common & Preferred Stock Classes

$CTO
Form 8-K
Filed on: 2025-02-20
Source
CTO Realty Growth, Inc. 8-K Report: Insights on Common & Preferred Stock Classes

Here are the key insights extracted from the provided section of the financial report:

  1. Company Information:
  • Entity Name: CTO Realty Growth, Inc.
  • CIK Number: 0000023795
  • Address: 369 N. New York Avenue Suite 201, Winter Park, FL 32789
  • Phone Number: 407-904-3324
  • SEC Filing Type: 8-K (a current report used to announce major events that shareholders should know about).
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.01 per share
    • Trading Symbol: CTO
    • Exchange: NYSE
  • Preferred Stock:
    • Type: 6.375% Series A Cumulative Redeemable Preferred Stock
    • Par Value: $0.01 per share
    • Trading Symbol: CTO-PA
    • Exchange: NYSE
  1. Filing Date:
  • The report is dated February 20, 2025.
  1. Stock Classifications:
  • The financial report distinguishes between two classes of stock:
    • Cumulative Preferred Stock: This indicates that any unpaid dividends accumulate and must be paid out before dividends on common stock can be paid.
    • Common Stock: Represents equity ownership in the company, where shareholders have voting rights.
  1. Filing Context:
  • The filing context includes specific periods denoted for Cumulative Preferred Stock and Common Stock, both covering the same date (February 20, 2025).

Summary:

CTO Realty Growth, Inc. filed an 8-K on February 20, 2025, reporting on its stock classes, including common stock and a specific series of cumulative preferred stock, both of which are traded on the NYSE. The report provides insight into the company's equity structure and the securities available to investors.