STRATUS PROPERTIES INC (STRS) — Current Report

Key Insights

• Stratus Properties announced a plan of complete liquidation and dissolution, subject to stockholder approval, to sell all or substantially all of its assets and distribute the net proceeds to stockholders.
• The liquidation plan follows the conclusion of Stratus' previously announced strategic review process, though details on the timing and amount of potential distributions to stockholders are still unclear.
• Stratus will file a proxy statement with the SEC to solicit stockholder approval for the liquidation plan, and investors should review this document for important information before making any voting decisions.