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Amerisafe to redeem $25.9M in convertible stock

DERIDDER, La. — Amerisafe Inc., which sells high-hazard workers' compensation insurance, on Mo...

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Amerisafe to redeem $25.9M in convertible stock

Amerisafe Inc., which sells high-hazard workers' compensation insurance, on Monday said it will redeem all of its outstanding convertible stock.

+Vote!

Amerisafe to redeem $25.9M in convertible stock

Amerisafe Inc., which sells high-hazard workers' compensation insurance, on Monday said it will redeem all of its outstanding convertible stock. The company said on Dec. 31, it will pay $103.50 per preferred share in redeeming all 250,000 outstanding shares... Workers' compensation - Insurance - Preferred stock - Stock - Business

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Amerisafe to redeem $25.9M in convertible stock

DERIDDER, La. -- Amerisafe Inc., which sells high-hazard workers' compensation insurance, on Monday said it will redeem all of its outstanding convertible stock.

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AMERISAFE Announces Redemption of All Outstanding Convertible Preferred Stock

DERIDDER, La., Nov. 30 /PRNewswire-FirstCall/ -- AMERISAFE, Inc. (Nasdaq: AMSF), a specialty writer of high hazard workers' compensation insurance, today announced that it will redeem all 250,000 outstanding shares of Series C and Series D Convertible Preferred Stock, effective December 31, 2009. The redemption price is $103.50 per preferred share, or a total of $25,875,000. The Company...