Atlas Corp. Redeems All Series H Preferred Shares
| Field | Detail |
|---|---|
| Company | Atlas Corp. |
| Form Type | 6-K |
| Filed Date | Oct 30, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0.01, $25.00, $0.492188 |
| Sentiment | neutral |
Sentiment: neutral
Topics: preferred-stock, redemption, capital-structure
TL;DR
Atlas Corp. just paid off all its Series H preferred shares for $25 each.
AI Summary
Atlas Corp. announced on October 30, 2025, the completion of the redemption of all its issued and outstanding 7.875% Cumulative Redeemable Perpetual Preferred Shares - Series H. The company redeemed all 120,000 outstanding shares of Series H Preferred Stock at a price of $25.00 per share.
Why It Matters
This redemption eliminates a specific class of preferred stock, potentially simplifying the company's capital structure and reducing future dividend obligations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a completed redemption of preferred shares, with no new material risks introduced.
Key Numbers
- $25.00 — Redemption Price (Price per Series H preferred share)
- 120,000 — Shares Redeemed (Total Series H preferred shares redeemed)
Key Players & Entities
- Atlas Corp. (company) — Registrant
- October 30, 2025 (date) — Date of redemption completion
- 7.875% Cumulative Redeemable Perpetual Preferred Shares – Series H (security) — Redeemed shares
- $25.00 (dollar_amount) — Redemption price per share
- 120,000 (number) — Number of shares redeemed
FAQ
What was the total cost of the Series H Preferred Share Redemptions?
The total cost was $3,000,000, calculated by multiplying the 120,000 shares by the $25.00 redemption price per share.
What is the CUSIP for the Series H Preferred Shares?
The CUSIP for the Series H Preferred Shares is Y0436Q 141.
What is the dividend rate for the redeemed Series H Preferred Shares?
The dividend rate for the redeemed Series H Preferred Shares was 7.875%.
When did Atlas Corp. complete these redemptions?
Atlas Corp. completed the redemptions on October 30, 2025.
What form is this filing?
This filing is a Form 6-K.
Filing Stats: 321 words · 1 min read · ~1 pages · Grade level 12.8 · Accepted 2025-10-30 14:54:42
Key Financial Figures
- $0.01 — eferred Shares – Series H, par value of $0.01 per share (CUSIP: Y0436Q 141) (the " Se
- $25.00 — erred Stock were redeemed at a price of $25.00 per share on October 30, 2025 (the "Red
- $0.492188 — t not including the Redemption Date, of $0.492188 per share were paid in cash separately
Filing Documents
- d918685d6k.htm (6-K) — 9KB
- 0001193125-25-258311.txt ( ) — 10KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ATLAS CORP. Date: October 30, 2025 By: /s/ Peter Li Peter Li Secretary and General Counsel