secwatch.observer — SEC 8-K summary
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Issuer:     WELLS FARGO & COMPANY/MN (WFC)
CIK:        0000072971
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001193125-24-134794
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wells Fargo redeems all Series S Preferred Stock for $2B on June 17, 2024
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- Wells Fargo will redeem all 80,000 shares of Series S Preferred (5.90% Fixed-to-Floating) on June 17, 2024.
- Redemption price is $25,000 per preferred share and $1,000 per depositary share (2,000,000 depositary shares).
- After redemption, no shares of Series S Preferred or depositary shares remain outstanding.
- Regular quarterly dividends will be paid separately on the redemption date to holders of record May 31, 2024.
- All regulatory requirements for redemption have been satisfied.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72971/000119312524134794/0001193125-24-134794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72971/000119312524134794/d794343d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-134794

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