FTAI Aviation Ltd. is trading 6.6% up at $258.00 after announcing plans to redeem all outstanding Series C preferred shares, a move aimed at simplifying its capital structure.
- The company will redeem the shares at $25.00 per share on June 15, 2026, effectively removing a higher-cost security from its balance sheet.
- The stock's gains extend recent momentum driven by strong Q1 2026 financial results and a dividend increase, further supported by a broadly risk-on equity market backdrop.