What does redemption of preferred stock mean?

Cash used to redeem (buy back) outstanding preferred stock, eliminating future dividend obligations.

Highwoods Properties HIW Redemption of preferred stock

Redemption of preferred stock at other companies

Plains GP Holdings, L.P.PAGP

$0-100%

Highwoods PropertiesHIW

$60K—

Blue Bird CorporationBLBD

$9.88M+298%

Genesis EnergyGEL

$137.2M-47.7%

NCR VoyixVYX

$18.5M—

Resolute Holdings Management RHLD

$457.4M—

Other financials

Income statement

See full

Revenue$214.0M+6.8%

Net income$33.4M-66.6%

EPS (diluted)$0.29-68.1%

Balance sheet

See full

Cash & equivalents$52.6M+33.2%

Total debt$27.1M-2.4%

Total equity$2.4B-1.7%

Total assets$6.6B+8.6%

Cash flow

See full

Operating cash flow$62.8M+35.7%

CapEx-$2.8M-128%

Free cash flow$94.7M+1.9%

Valuation

See full

Market cap$3.19B-6.3%

P/E33.2×+14.3×

P/S3.9×-0.3×

Profitability

See full

Net margin11.7%-10.4pp

FCF margin50%+5.0pp

Returns & leverage

See full

Return on equity4%-3.5pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Highwoods Properties in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfRedeemablePreferredStock.

The official record: Highwoods Properties’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Highwoods Properties's redemption of preferred stock.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Highwoods Properties's redemption of preferred stock?: Highwoods Properties (HIW) reported redemption of preferred stock of $60K in Q1 2026.
What does redemption of preferred stock mean?: Cash used to redeem (buy back) outstanding preferred stock, eliminating future dividend obligations.