JPMorgan Chase to redeem all $1.6B Series X preferred stock on Oct 1, 2024

JPMORGAN CHASE & CO

Redemption of 1,600,000 depositary shares (representing 160,000 shares of Series X preferred) at $1,000 per depositary share.
Total redemption amount of $1.6 billion; payment on October 1, 2024.
Final dividend record date set for September 3, 2024, payable on redemption date.
Series X is Fixed-to-Floating Rate Non-Cumulative Preferred Stock with $10,000 liquidation preference per preferred share.
Depositary shares held in book-entry form must be surrendered via DTC; Computershare is the depositary.

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