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Stratus Properties Inc (STRS.OQ)

STRS.OQ on NASDAQ Stock Exchange Global Select Market

29.55USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Stratus properties reports Q3 earnings per share of $1.75
Thursday, 9 Nov 2017 08:30am EST 

Nov 9 (Reuters) - Stratus Properties Inc ::Reports third-quarter and nine-month 2017 results.Q3 earnings per share $1.75.Qtrly total consolidated revenue $17.2 million versus $21.2 mln‍​.Anticipate commencing construction for heb-anchored mixed-use Magnolia Project in 2018​.  Full Article

Stratus properties and Santal I enters into an amended and restated construction loan agreement
Thursday, 14 Sep 2017 08:36am EDT 

Sept 14 (Reuters) - Stratus Properties Inc :On Sept 11, Santal I and co entered into an amended and restated construction loan agreement and other related loan documents.Says amended loan documents increase aggregate amount of loan to $59.2 million - SEC filing.‍Amended loan documents also extend maturity date of loan to September 11, 2021 - SEC filing​.‍Santal may extend maturity of loan up to 2 additional 12-month periods, second of which ends Sept 11, 2022, subject to conditions​.  Full Article

Stratus Properties Inc reports Q1 loss per share $0.33
Wednesday, 10 May 2017 08:30am EDT 

May 10 (Reuters) - Stratus Properties Inc : :Stratus Properties Inc reports first-quarter 2017 results.Q1 loss per share $0.33.Increased qtrly revenue per available room (revpar) from hotel segment operations by 6 percent versus. First-Quarter 2016.Stratus Properties- expect to complete construction financing and break ground on phase ii of santal multi-family project in second-quarter 2017.Qtrly total consolidated revenue $20.664 million versus $19.026 million.Revenue from hotel segment totaled $10.3 million for first-quarter 2017, compared with $10.6 million for first-quarter 2016.  Full Article

Stratus Properties Inc reports year ended December 31, 2016 results
Thursday, 16 Mar 2017 08:00am EDT 

Stratus Properties Inc : Stratus Properties Inc reports year ended December 31, 2016 results .Stratus Properties Inc - Stratus' board of directors (board) declared a special cash dividend of $1.00 per share payable April 18, 2017.  Full Article

Stratus says none of participants sustained interest in acquiring Co. at price per share at or above Stratus' recent trading prices
Wednesday, 15 Mar 2017 08:00am EDT 

Stratus Properties Inc : Stratus properties inc. Announces declaration of $1.00 per share special cash dividend; conclusion of board's review of strategic alternatives . Stratus properties inc - board decided to allow stratus' stockholder rights plan to expire in accordance with its terms on march 9, 2017 . Stratus properties- co, financial advisor engaged in meetings, discussions and negotiations with participants, 10 of whom submitted indications of interest . Stratus properties - none of participants sustained an indication of interest in acquiring entire co at price per share at or above stratus' recent trading prices .Stratus properties inc - board determined that indications of interest would not at this time provide adequate value to stockholders.  Full Article

Stratus Properties Q2 loss per share $0.31
Tuesday, 9 Aug 2016 08:00am EDT 

Stratus Properties Inc : Quarter and six-month 2016 results . Q2 loss per share $0.31 .Stratus Properties Inc qtrly revenue of $19.2 million versus $20 million.  Full Article

Stratus reiterates strategic alternatives review, including sale
Tuesday, 24 May 2016 08:31am EDT 

Stratus Properties Inc : Board has engaged investment banking firm Hentschel & Company to explore a full range of strategic alternatives . Review includes sale of Stratus, sale of certain core assets, share repurchase program, developing value of properties .Stratus Properties reiterates review of strategic alternatives to maximize value for stockholders.  Full Article

Stratus Q1 loss per share $0.21
Tuesday, 10 May 2016 08:00am EDT 

Stratus Properties Inc. Reports First : Quarter 2016 results .Q1 loss per share $0.21.  Full Article

Stratus Properties Inc. Announces Board Review of Strategic Alternatives
Thursday, 7 Apr 2016 06:07pm EDT 

Stratus Properties Inc:authorized management to explore a full range of strategic alternatives for Stratus to enhance value for stockholders.including, but not limited to, a sale of Stratus, a sale of certain of Stratus' core assets, a share repurchase program, and continuing Stratus' long-term plans to develop the value of its properties.After conducting a thorough process of evaluating several financial advisors, Stratus has engaged Hentschel & Company as financial advisor in connection with the review of strategic alternatives.Stratus has also retained Vinson & Elkins LLP and Jones Walker LLP as legal counsel to assist in the process.Board of Directors has not set a definitive timeline for completion of this review process and has not determined to pursue any particular strategic alternative or enter into any transaction.  Full Article

BRIEF-Stratus properties reports Q3 earnings per share of $1.75

* Qtrly total consolidated revenue $17.2 million versus $21.2 mln‍​

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