Ford Motor Company today announced that on December 1, 2002, it intends to redeem all outstanding shares of its Series B Cumulative Preferred Stock and all depositary shares that represent the stock.
The redemption price will be $25.00 per depositary share. Dividends payable on December 1, 2002 will be paid in the normal course.
On October 29, 1992, Ford issued 45,600,000 of Series B depositary shares. Approximately 7.1 million shares remain outstanding.
EquiServe Trust Company, N.A. is Ford's transfer agent and will act as the redemption agent for this transaction. EquiServe's address is 150 Royal Street, Canton, MA 02021.
Preferred shareholders with questions regarding the details of the redemption may call EquiServe at 1-800-251-4215.
The redemption price will be $25.00 per depositary share. Dividends payable on December 1, 2002 will be paid in the normal course.
On October 29, 1992, Ford issued 45,600,000 of Series B depositary shares. Approximately 7.1 million shares remain outstanding.
EquiServe Trust Company, N.A. is Ford's transfer agent and will act as the redemption agent for this transaction. EquiServe's address is 150 Royal Street, Canton, MA 02021.
Preferred shareholders with questions regarding the details of the redemption may call EquiServe at 1-800-251-4215.