secwatch.observer — SEC 8-K summary
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Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0001193125-24-203699
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000119312524203699/0001193125-24-203699-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000119312524203699/d852242d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-203699

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