Trump says Iran war "close to over" amid hopes for more negotiations
Uniti Group Inc. (NASDAQ:UNIT) reported Monday that it filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation with the Secretary of State of Delaware on April 13, 2026. The amendment changes the notification deadline for electing the method of payment for dividends on its Series A Preferred Stock.
According to the company’s statement, the deadline for shareholders to notify the company of their chosen method of dividend payment has been revised from the first day of each dividend period to the 10th calendar day immediately preceding the dividend payment date for each period.The amendment comes as Uniti Group’s stock trades at $10.92, near its 52-week high of $11.03, following a remarkable 104% surge over the past six months. According to InvestingPro analysis, which provides comprehensive insights on over 1,400 US equities including detailed Pro Research Reports, the company maintains a market capitalization of $2.6 billion.
The filing did not announce any other amendments to the company’s certificate of incorporation or bylaws, nor did it mention changes to the company’s fiscal year.
Uniti Group’s common stock is listed on the NASDAQ Global Select Market under the ticker symbol UNIT.
This information is based on a press release statement included in the company’s recent filing with the Securities and Exchange Commission.
In other recent news, Uniti Group reported its fourth-quarter 2025 financial results, revealing a mixed performance. The company experienced a 5% year-over-year decline in consolidated pro forma revenue. However, its fiber business showed significant growth, with Kinetic consumer fiber revenue increasing by 24% and total fiber subscribers rising by 20%. Following these results, Raymond James reiterated a Strong Buy rating on Uniti Group, maintaining a price target of $11.00. The firm highlighted the company’s potential in the fiber-to-the-home market. Additionally, RBC Capital raised its price target for Uniti Group shares from $6.50 to $7.50, while keeping a Sector Perform rating. RBC Capital updated its model to reflect the fourth-quarter financial results and subsequent financings. These developments indicate a focus on the company’s expanding fiber business despite the overall revenue decline.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.