COWN Cowen Inc Class A

Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock

Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock

NEW YORK, April 29, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on the Company’s 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (the “Convertible Preferred Stock”).

The quarterly dividend on the Convertible Preferred Stock is payable on May 16, 2022, to holders of record at the close of business on May 1, 2022.

About Cowen Inc.

Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm that provides investment banking, research, sales and trading, prime brokerage, outsourced trading, global clearing, and commission management services. Cowen also has an investment management division which offers actively managed alternative investment products. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at

For further information, contact:

Cowen Inc.

J.T. Farley, Investor Relations

(646) 562-1056

                                   

 



EN
29/04/2022

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 PRESS RELEASE

Cowen Announces Mandatory Conversion of Series A Preferred Stock

Cowen Announces Mandatory Conversion of Series A Preferred Stock NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that TD Bank Group has completed the acquisition of Cowen. In connection with the completion of the acquisition, Cowen has elected to cause all outstanding shares of its 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (“Series A Preferred Stock”) to be automatically converted (the “Mandatory Conversion”) at a conversion rate of 39.4664, to be settled in cash for $1,539.19 per share of Series A Pr...

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