Welcome to our dedicated page for Star Equity Holdings news (Ticker: STRRP), a resource for investors and traders seeking the latest updates and insights on Star Equity Holdings stock.
Star Equity Holdings, Inc.’s 10% Series A Cumulative Perpetual Preferred Stock (Nasdaq: STRRP) is tied to a diversified holding company that regularly issues news across several operating areas and corporate topics. Company communications describe Star Equity as seeking to build long-term shareholder value by acquiring, managing, and growing businesses with strong fundamentals and market opportunities, and this strategy is reflected in its news flow.
Investors following STRRP can expect news related to the company’s four primary divisions: Building Solutions, Business Services, Energy Services, and Investments. Building Solutions updates may cover modular building manufacturing activity, structural wall panel and wood foundation projects, and glulam component production. Business Services news often focuses on recruitment solutions for global clients and developments within Hudson Talent Solutions, the rebranded Hudson RPO subsidiary. Energy Services announcements may discuss the rental, sale, and repair of downhole tools used in oil and gas, geothermal, mining, and water-well industries. The Investments division appears in news about real estate holdings and positions in private and public companies.
Beyond operating segments, STRRP-related coverage includes dividend declarations on the 10% Series A Cumulative Perpetual Preferred Stock, quarterly and annual financial results, and capital allocation decisions such as share repurchase programs. Merger and integration updates have also been prominent, including the completed merger with Hudson Global, the subsequent name and ticker changes, and the transition to a larger multi-sector holding company structure.
News items further highlight conference presentations, investor events, and corporate governance actions documented in SEC filings, such as Form 8-K reports on material events and voting results. For users tracking STRRP, this news page provides a centralized view of how the combined company’s strategy, segment performance, and corporate actions may affect the preferred stock over time. Bookmarking this page allows readers to monitor ongoing disclosures, dividend announcements, and segment-level developments connected to the STRRP security.
Star Equity Holdings (NASDAQ:STRR), a diversified holding company formerly known as Hudson Global, has announced its participation in the upcoming Sidoti Small Cap Virtual Conference on September 17-18, 2025.
The company's main presentation is scheduled for Wednesday, September 17th at 2:30pm ET. Investors can register for the virtual event through Sidoti's platform and access the presentation materials through Star's investor relations website.
Star Equity Holdings (NASDAQ:STRR) has completed its $5 million share repurchase program that was authorized in August 2023. The company's Board of Directors has now authorized a new $3 million share repurchase program for its outstanding common stock.
CEO Jeff Eberwein emphasized that this initiative demonstrates the company's commitment to enhancing shareholder value and reflects the Board's confidence in Star's business strength and growth prospects. The repurchases may be executed through various methods, including open market transactions, privately negotiated deals, and block trades, with timing and amount depending on market conditions and other factors.
Star Equity Holdings (Nasdaq: STRR) announced the rebranding of its subsidiary Hudson RPO to Hudson Talent Solutions (HTS), marking a strategic evolution in its Business Services division. The rebranding includes the launch of a new website at www.hudsontalent.com and reflects the company's investment in new technologies to deliver comprehensive talent solutions.
Under the leadership of Global CEO Jake Zabkowicz, HTS aims to position itself as a global talent partner offering data-driven, scalable solutions across the entire talent lifecycle. Star Equity CEO Jeff Eberwein emphasized that this rebranding strengthens HTS's global identity and sets the stage for accelerated growth and expanded service offerings.
Hudson Global (Nasdaq: HSON) and Star Equity Holdings (Nasdaq: STRR) have completed their previously announced merger, creating a larger, diversified holding company with pro-forma annualized revenues of $210 million. Under the merger terms, Star common stockholders received 0.23 shares of Hudson Global common stock per share, while Star preferred stockholders received one share of Hudson Global 10% Series A Cumulative Perpetual Preferred Stock.
The combined company will operate across four segments: Building Solutions, Business Services (Hudson RPO), Energy Services, and Investments. Hudson Global plans to change its name to Star Equity Holdings and update its ticker symbols to STRR and STRRP. The merger enables utilization of Hudson Global's significant $240 million U.S. federal net operating losses (NOL) and positions the company for potential inclusion in the Russell 2000 index.
Star Equity Holdings (Nasdaq: STRR) reported strong Q2 2025 financial results, with revenues increasing 75.8% to $23.7 million and gross profit surging 182.2% to $6.3 million. The company achieved net income of $3.5 million ($1.08 per basic share) compared to a net loss of $3.8 million in Q2 2024.
The Building Solutions division showed exceptional performance with 51.2% revenue growth and a strong backlog of $25.7 million. The company's Investments Division generated $5.8 million in adjusted EBITDA, primarily from a $5.5 million realized gain on Star Equity Fund's investment in Servotronics.
Notably, Star Equity signed a definitive merger agreement with Hudson Global (Nasdaq: HSON) in May 2025, with shareholder meetings scheduled for August 21, 2025. The merger is expected to create value through increased scale, revenue diversification, and cost reduction.
Star Equity Holdings (Nasdaq: STRR) has declared a partial cash dividend of $0.225 per share for holders of its 10% Series A Cumulative Perpetual Preferred Stock. The dividend covers the period through August 21, 2025, with a payment date of September 10, 2025.
This announcement comes amid a pending merger with Hudson Global, Inc., where Star stockholders will receive 0.23 shares of Hudson common stock for each Star common share. Additionally, Star Preferred Stock holders will receive one share of Hudson 10% Series A Cumulative Perpetual Preferred Stock for each preferred share held. The merger agreement includes provisions for cash payments in lieu of fractional shares.
Star Equity Holdings (NASDAQ:STRR) has scheduled its second quarter 2025 financial results release for August 13, 2025, before market open. The company will host a conference call at 10:00 a.m. ET on the same day to discuss the results and management's outlook.
Star Equity operates through three main divisions: Building Solutions (modular building manufacturing, structural wall panel and wood foundation manufacturing, and glulam manufacturing), Energy Services (downhole tools for various industries), and Investments (managing real estate assets and investment positions).