Stratus Properties Inc. Board of Directors Unanimously Approves Plan to Dissolve and Sell All Assets, Estimating Total Stockholder Distributions of $29.73 to $37.69 Per Share
AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS) ("Stratus†or the "Company†) today announced that its Board of Directors (the "Board†) has unanimously approved a plan of complete liquidation and dissolution (the "Plan†) following conclusion of the strategic review announced on March 11, 2026. The Plan provides that the Company will be dissolved and will conduct an orderly sale of all or substantially all of the Company's assets and distribute the net proceeds to the Compa. ...