Dolco Packaging Inc. to Redeem Preferred Stock

Dolco Packaging Corp., a Sherman Oaks-based maker of plastic-packaging goods, said it plans to redeem 7% of its preferred stock.

The company plans to redeem 175,000 of the preferred shares for $4 a share, plus accrued and unpaid dividends. Holders of record April 30 will be eligible for the pro rata redemption, which is scheduled for June 1, Dolco said.