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NEW YORK ~ KKR & Co. Inc. (NYSE: KKR) announced that its 6.00% Series C Mandatory Convertible Preferred Stock will automatically convert into shares of the Company's common stock on September 15, 2023. The conversion rate for each share of Preferred Stock will be 1.1700 shares of the Company's common stock, with cash being paid in lieu of fractional shares. Additionally, holders of record at the close of business on September 1, 2023 will receive a final quarterly cash dividend of $0.75 per share on the Preferred Stock, payable on the conversion date.
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