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Freddie Mac (FMCC) has provided an announcement.
Freddie Mac has initiated a fixed-price cash buyback offer for select STACR® Notes, with the transaction set to close by 5 p.m. on September 5, 2024, unless altered or concluded sooner. This strategic move aims to engage investors and stakeholders, signaling an active approach to managing its credit risk portfolio. Details were disseminated via a press release and this maneuver does not constitute a formal filing under the Securities Exchange Act of 1934.
Find detailed analytics on FMCC stock on TipRanks’ Stock Analysis page.