other material
confidence high
sentiment neutral
materiality 0.60
JPMorgan Chase to redeem all $2.25B Series FF preferred stock on August 1, 2024
JPMORGAN CHASE & CO
- Redemption covers all 225,000 outstanding Series FF Preferred shares (2,250,000 depositary shares).
- Redemption price: $10,000 per preferred share ($1,000 per depositary share), total ~$2.25B.
- Final dividend payment on August 1, 2024, with record date of July 2, 2024.
- Depositary shares must be surrendered to Computershare Inc. by the redemption date.