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CommScope Holding Company Inc.

CommScope Holding Company Declares Dividend on Series A Convertible Preferred Stock

Strategic Insights

— 1 min read

CommScope Holding Company has declared a dividend on its Series A Convertible Preferred Stock, further cementing its relationship with Carlyle Partners VII S1 Holdings, L.P. The dividend, payable on June 30, 2025, is exempt from registration under the Securities Act of 1933, as amended. This latest development follows the company's issuance of 1,000,000 shares of the Series A Convertible Preferred Stock on April 4, 2019, for an aggregate purchase price of $1.0 billion. The company has also paid dividends in kind to the holders of the Series A Preferred Stock, totaling 244,203 shares as of March 31, 2025.

Key Takeaways:

  • CommScope Holding Company declared a dividend on its Series A Convertible Preferred Stock, which will be paid on June 30, 2025.
  • The dividend is in the form of 17,107 shares of Series A Convertible Preferred Stock and $791.25 in cash in lieu of fractional shares.
  • The company issued 1,000,000 shares of the Series A Convertible Preferred Stock on April 4, 2019, for an aggregate purchase price of $1.0 billion.
  • CommScope has paid dividends in kind to the holders of the Series A Preferred Stock, totaling 244,203 shares as of March 31, 2025.
  • Carlyle Partners VII S1 Holdings, L.P. represented to the company that it is an "accredited investor" and acquiring the Series A Preferred Stock for investment purposes.
  • The dividend is exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) of the Securities Act.

Statistics:

  • 1,000,000 shares of the Series A Convertible Preferred Stock were issued on April 4, 2019.
  • The Series A Convertible Preferred Stock has a par value of $0.01 per share.
  • The aggregate purchase price of the Series A Convertible Preferred Stock was $1.0 billion, or $1,000 per share.
  • 244,203 shares of Series A Convertible Preferred Stock were paid in kind as dividends as of March 31, 2025.
  • The dividend declared on June 18, 2025, is equivalent to 17,107 shares of Series A Convertible Preferred Stock and $791.25 in cash.

Sources:

  • SEC Form 8-K filed with the Securities and Exchange Commission on April 4, 2019.
  • SEC Form 8-K filed with the Securities and Exchange Commission on June 18, 2025.

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