Starz Entertainment Corp. adopted a Shareholder Protection Rights Agreement dated March 10, 2026, with Computershare Investor Services Inc., declaring one Right per Common Share as a dividend payable to holders of record at 5:00 p.m. Pacific Time on March 20, 2026. The Rights become exercisable if any person acquires beneficial ownership of 17.5% or more of outstanding Common Shares, enabling other shareholders to purchase shares at a 50% discount.
Key takeaways
Board of Directors declared dividend of one Right per outstanding Common Share on March 10, 2026
Rights record date: 5:00 p.m. Pacific Time on March 20, 2026
Rights payable on later of Record Time and Nasdaq certification for listing
Trigger: Beneficial Ownership of 17.5% or more of Common Shares by any Acquiring Person
Each Right allows purchase of one Common Share for $93.00 Exercise Price after Separation Time
Rights expire March 10, 2027 unless ratified by shareholders to extend to March 10, 2029