September 28, 2017 / 8:29 PM / in 22 days

BRIEF-Arconic announces mandatory conversion of its preferred stock

Sept 28 (Reuters) - Arconic Inc

* Arconic announces mandatory conversion of its 5.375% Class B mandatory convertible preferred stock

* Outstanding 5.375% Class B mandatory convertible preferred stock to convert to shares of common stock at rate of 15.6996 common shares

* Conversion deemed effective on October 1, 2017, mandatory conversion date​ Source text for Eikon: Further company coverage:

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