secwatch.observer — SEC 8-K summary
======================================

Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0000019617-24-000434
Event type: regulatory
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPMorgan Chase plans dividend increase to $1.25, $30B buyback; Fed preliminary SCB 3.3%
--------------------------------------------------------------------------------

- Intended quarterly common dividend to $1.25 (from $1.15) for Q3 2024, subject to board approval.
- Board authorized new $30B common share repurchase program effective July 1, 2024.
- Preliminary Stress Capital Buffer set at 3.3% (up from 2.9%); CET1 ratio requirement 12.3% (up from 11.9%).
- Final SCB from Federal Reserve by Aug 31, 2024, effective Oct 1, 2024.
- Firm notes SCB could be modestly higher if Fed modifies stress results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000001961724000434/0000019617-24-000434-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000001961724000434/jpm-20240628.htm
  HTML page:      https://secwatch.observer/filing/0000019617-24-000434

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer