Hecla Mining Announces Redemption of All Series B Preferred Shares
Hecla Mining Company (HL) has officially called for the redemption of all outstanding shares of its Series B Cumulative Convertible Preferred Stock. The company plans to execute this redemption on December 11, 2026. Under the terms of the call, each share will be redeemed at a cash price of $50.00 per share, in addition to any accrued and unpaid dividends. This move represents a structured return of capital to preferred shareholders as part of the company's long-term financial management.