City Office REIT stock gains 0.16 percent as preferred shares trade

City Office REIT stock gained 0.16 percent to USD 25.37 on January 8, 2026, with the NYSE-listed preferred security moving from USD 25.33 to USD 25.37. As of September 25, 2026, the investment story is defined by the completed merger and the continuing preferred-stock quote.

Merger fixed common share value

StockTitan reports that City Office REIT completed its merger on January 9, 2026. Each common share was canceled and converted into the right to receive USD 7.00 in cash, while each preferred share was redeemed for USD 25.00 plus accrued and unpaid distributions.

The transaction changed the security mix for investors. Common equity was converted into a fixed cash claim, whereas the 6.625% Series A preferred stock continued to carry a market quotation identified as CIO-PA.

Preferred quote near yearly high

The preferred security stood at USD 25.37 against a 52-week high of USD 25.38 and a 52-week low of USD 16.86 on the quoted data date. That places the price 0.04 percent below the yearly high, while the gap above the yearly low is 50.47 percent.

Snowball Analytics identifies CIO-PA as City Office REITs 6.625% Series A Cumulative Redeemable Preferred Stock on the NYSE. The quoted market capitalization was USD 285,114,098, with volume of 40,035 shares and average volume of 17,778 shares.

NYSE quote sets the baseline

The preferred stock quote was USD 25.37 on January 8, 2026, after a USD 0.04 increase from the USD 25.33 previous close. For investors assessing City Office REIT after the merger, the USD 25.00 redemption value and the USD 25.37 market quote provide the clearest numerical reference points.