Equity Commonwealth authorizes initial cash liquidating distribution of $19.00

Equity Commonwealth (EQC) announced that its Board of Trustees has authorized an initial cash liquidating distribution of $19.00 per common share which will be paid on December 6 to shareholders of record on November 25. The company is also updating the estimated aggregate shareholder liquidating distribution range of $19.50 to $21.00 per common share disclosed in its definitive proxy statement filed on October 2 to an estimated aggregate shareholder liquidating distribution range of $20.00 to $21.00 per common share. In addition, the company announced today that, in connection with the Initial Liquidating Distribution, the New York Stock Exchange has determined that the ex-dividend date for the Initial Liquidating Distribution will be December 9, the first business day after the payment date.