Welcome to our dedicated page for UZC news (Ticker: UZC), a resource for investors and traders seeking the latest updates and insights on UZC stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UZC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UZC's position in the market.
United States Cellular Corporation (NYSE: USM) announced the redemption of all its outstanding 7.25 percent Senior Notes due 2064 (NYSE: UZC) for a total of $300 million. The redemption will occur on June 16, 2021, at 100 percent of the principal amount, plus accrued interest. CFO Peter L. Sereda emphasized that this move is part of a strategy to lower their balance sheet costs and optimize financial leverage for ongoing investments, including 5G initiatives. A notice of redemption was distributed on May 17, 2021.