On March 24, 2026, Stratus Properties Inc. (NASDAQ: STRS) announced that its Board of Directors has unanimously approved a plan for complete liquidation and dissolution of the company. This decision follows a strategic review initiated on March 11, 2026. The approved plan entails the orderly sale of all or substantially all of Stratus's assets, with the net proceeds to be distributed to stockholders after settling liabilities and obligations. The plan is contingent upon stockholder approval, which is expected to be sought at a future meeting. The company estimates that the total distributions to stockholders could range from $29.73 to $37.69 per share, depending on the proceeds from asset sales and the timing of these transactions. Stratus's Chairman and CEO, William H. Armstrong III, expressed confidence that this strategy will maximize shareholder value and provide a tax-efficient return of capital. The company plans to file a proxy statement with the SEC to provide further details regarding the liquidation plan and the anticipated distributions. Investors are encouraged to review this information carefully as it becomes available, as it will contain critical details regarding the liquidation process and potential impacts on their investments.

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