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NASDAQ:UWMC 17 December 2025 - 9 January 2026

TWO-PB Stock Today: Two Harbors Series B Preferred Jumps After UWM’s $1.3B Acquisition Deal — Dividend Outlook, Exchange Terms, and Key Risks

TWO-PB Stock Today: Two Harbors Series B Preferred Jumps After UWM’s $1.3B Acquisition Deal — Dividend Outlook, Exchange Terms, and Key Risks

Two Harbors Investment Corp.’s Series B preferred stock — commonly quoted as TWO-PB — is in sharp focus on December 17, 2025, after a blockbuster corporate event changed how income investors are thinking about the security’s credit outlook and “change-of-control” mechanics. The headline catalyst: UWM Holdings Corp. and Two Harbors Investment Corp. announced a definitive all-stock merger that values the transaction at about $1.3 billion, with Two Harbors common shareholders receiving a fixed exchange ratio of 2.3328 shares of UWMC Class A per share of TWO. investors.uwm.com+1
17 December 2025
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Stock Market Today

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