Welcome to our dedicated page for Tri-Continental Corporation news (Ticker: TY), a resource for investors and traders seeking the latest updates and insights on Tri-Continental Corporation stock.
Tri-Continental Corporation (NYSE: TY) is a closed-end management investment company whose news flow centers on its investment activities, distributions, and corporate governance. The Corporation invests to produce future growth of both capital and income while seeking reasonable current income, and it is managed by Columbia Management Investment Advisers, LLC, a wholly owned subsidiary of Ameriprise Financial, Inc.
News about Tri-Continental Corporation often includes announcements of ordinary income distributions and capital gain distributions on its common and preferred stock. For example, the Corporation has issued press releases detailing quarterly ordinary income distributions, special capital gain distributions, and the form in which such distributions may be paid, including options for stockholders to elect different combinations of stock and cash. These items are important for investors who follow the fund’s income characteristics and distribution policy.
Another recurring category of news involves stockholder meetings and governance matters. The Corporation has reported on its annual meetings of stockholders, including the re-election of directors for multi-year terms and the ratification of the selection of PricewaterhouseCoopers LLP as its independent registered public accounting firm for a specified fiscal year. Such disclosures provide insight into the Corporation’s board composition and oversight of its financial reporting.
Tri-Continental Corporation also uses current reports on Form 8-K to furnish press releases under Regulation FD. These filings and associated press releases inform the market about material information, including distribution decisions and meeting outcomes. Investors who follow TY-related news can use this page to review these categories of updates and to monitor how the Corporation communicates its investment objectives, risks, and governance actions over time.
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The Board of Directors of Tri-Continental Corporation (NYSE: TY) has announced its 93rd Annual Meeting of Stockholders, scheduled for June 20, 2023, in Minneapolis, MN. The record date for stockholders entitled to vote is April 11, 2023. Key agenda items include the election of one new director, Janet Langford Carrig, and the re-election of three existing directors for continued service until 2026. Additionally, the selection of PricewaterhouseCoopers LLP as the accounting firm for the 2023 fiscal year will be ratified. Detailed information will be provided in a forthcoming notice and proxy statement.
Tri-Continental Corporation (NYSE: TY) announced a first-quarter ordinary income distribution of
Tri-Continental Corporation (NYSE: TY) announced a fourth quarter distribution of
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