Mr Cooper Group Inc (COOP): the Capital Trusts liquidation preferenc...

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Mr Cooper Group Inc (COOP)

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Re: jhdf51 post# 712265

Friday, 07/21/2023 12:51:51 PM

Friday, July 21, 2023 12:51:51 PM

the Capital Trusts liquidation preference requires a maintained average of $50 or higher, before 15 years of withheld safe harbored earnings + compounding interest can be released to shareholders...PLUS..as well as the release of ongoing future disbursements potentially out to year 2041 I recall. The fact that this is suddenly over $50 and holding has got my attention. We shall see if it holds. Those who released will be well into the money if so.

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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 10:47:32 PM
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