Wells Fargo eliminates Certificate of Designations for Series R Preferred Stock

WELLS FARGO & COMPANY/MN

Filed Certificate Eliminating Certificate of Designations for 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R.
Effective March 18, 2024; removes all matters set forth in the original Certificate of Designations filed December 17, 2013.
Action follows likely prior redemption or retirement of Series R; no impact on outstanding common or other preferred series.
No financial or operational changes reported; purely a corporate housekeeping filing with the Delaware Secretary of State.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

WELLS FARGO & COMPANY/MN: Eliminated Certificate of Designations for Series R Preferred Stock from Restated Certificate of Incorporation (effective 2024-03-18).

Change: charter amendment
Effective: 2024-03-18

Exact text from the filing

On March 18, 2024, Wells Fargo & Company (the “Company”) filed with the Delaware Secretary of State a Certificate Eliminating the Certificate of Designations with respect to the Company’s 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (the “Series R Preferred”), which, effective upon filing, eliminated from the Company’s Restated Certificate of Incorporation all matters set forth in the Certificate of Designations for the Series R Preferred, filed with the Delaware Secretary of State on December 17, 2013.

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Source: SEC EDGAR

accession 0001193125-24-070208

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