Strategy's STRC Stock Struggles Below $100 Despite $635 Million Buybacks
Strategy has repurchased $635.2 million of its STRC perpetual preferred stock, yet it continues to trade below its $100 par value, currently at $97.34. The company disclosed that despite these efforts, STRC has not recovered significantly, while SATA maintains its par value due to a higher dividend rate.
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Strategy’s STRC remains below $100 despite $635 million in buybacks
Strategy has spent $635.2 million repurchasing its STRC perpetual preferred stock as the security continues to trade below its $100 par value despite recovering from a low near $71. Strategy disclosed in its latest filing that it bought back another…
Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.

