Scully Royalty stock falls 2.77 percent as board vote looms
Published on 09/25/2026 at 07:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Scully Royalty stock fell 2.77 percent to USD 5.08 on the NYSE on September 24, 2026, placing the shares 51.1 percent below their 52-week high of USD 10.39. The market move came as shareholder groups pursued changes to the company's board through an extraordinary general meeting process.
A 35.5 percent voting block
According to StockTitan, a reporting group led by Peter R. Kellogg disclosed 35.5 percent beneficial ownership while seeking a board shake-up. The group delivered its requisition notice on September 14, 2026, asking shareholders to consider four director replacements.
The proposed nominees are Jerrod Freund, Mark Holliday, Nimesh Patel and Skyler Wichers. They would succeed Michael J. Smith, Dr. Shuming Zhao, Silke S. Stenger and Jochen Dumler, according to the filing summarized by StockTitan.
Four seats face a vote
A second shareholder group reported 1,985,952 common shares, equal to 13.0 percent of the company's common shares, in a separate Schedule 13D amendment. The group also delivered a requisition on September 14, 2026, for a vote on four director nominees, as reported by StockTitan.
The two ownership disclosures give the governance dispute a measurable scale. One group reports more than one-third of beneficial ownership, while the other reports 13.0 percent, although the filings represent separate reporting groups and do not establish a combined voting position.
Stock stays below yearly high
Scully Royalty's market capitalization stood at USD 77,425,995 on September 24, 2026. The same market snapshot showed a 52-week range of USD 4.21 to USD 10.39, with the USD 5.08 price closer to the yearly low than the high.
Scully Royalty market profile
- Company: Scully Royalty Ltd.
- Ticker: SRL
- Trading venue: NYSE
- Price as of September 24, 2026: USD 5.08
- Market capitalization: USD 77,425,995 as of September 24, 2026
- 52-week range: USD 4.21-10.39
- Sector / Industry: Financial Services / Financial - Capital Markets
