Dividends & Buybacks · GlobeNewswire

XOMA Royalty declares quarterly preferred dividends; sets redemption date

XOMAXOMA Royalty Corp

XOMA Royalty Corporation announced that its Board authorized cash dividends for its perpetual preferred stock. Holders of the 8.625% Series A Cumulative Perpetual Preferred Stock (Nasdaq: XOMAP) will receive $0.53906 per share, while holders of depositary shares representing the 8.375% Series B Cumulative Perpetual Preferred Stock (Nasdaq: XOMAO) will receive $0.52344 per depositary share. The dividends are payable on or about July 15, 2026, to holders of record at the close of business on July 2, 2026. Additionally, all outstanding shares of Preferred Stock will be redeemed on July 14, 2026, at a price of $25.00 per share or depositary share. This redemption is part of the pending merger with Ligand Pharmaceuticals Incorporated. XOMA Royalty Corporation operates in the biotechnology sector, holding royalty interests and intellectual property rights.