other material
confidence high
sentiment neutral
materiality 0.40
JPMorgan Chase to redeem all $3.0B Series HH Preferred Stock on Feb 1, 2025
JPMORGAN CHASE & CO
- Redeems all 300,000 shares of Series HH Preferred at $10,000/share ($1,000 per depositary share).
- Total redemption amount $3.0 billion; payment on February 3, 2025 upon surrender.
- Final dividend payable on February 1, 2025 (record date January 2, 2025).
- Series HH is Fixed-to-Floating Rate Non-Cumulative Preferred Stock represented by 3,000,000 depositary shares.