other_material
confidence high
sentiment neutral
materiality 0.50
Comerica to redeem all Series A preferred stock and depositary shares on July 1, 2025
COMERICA INC
- All 4,000 shares of 5.625% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A to be redeemed on July 1, 2025.
- Redemption price: $1,000 per depositary share ($100,000 per preferred share); no accrued dividends included.
- Regular quarterly dividend will be paid separately on July 1 to holders of record June 13, 2025.
- After redemption, no shares of Series A preferred or depositary shares will remain outstanding.
- All regulatory requirements satisfied; redemption will proceed through DTC.
item 8.01item 9.01