JPMorgan Chase to Redeem All $1.43 Billion of Its 6.125% Non-Cumulative Preferred Stock, Series Y Represented By Depositary Shares
February 01, 2020
February 01, 2020
NEW YORK, Feb. 1 -- JPMorgan Chase and Co. issued the following news release:
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") has announced that it will redeem on March 1, 2020 all of the 143,000 outstanding shares of its 6.125% Non-Cumulative Preferred Stock, Series Y ("Series Y Preferred Stock"). The shares of Series Y Preferred Stock are represented by 57,200,000 depositary shares which are currently traded on the New York Stock . . .
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") has announced that it will redeem on March 1, 2020 all of the 143,000 outstanding shares of its 6.125% Non-Cumulative Preferred Stock, Series Y ("Series Y Preferred Stock"). The shares of Series Y Preferred Stock are represented by 57,200,000 depositary shares which are currently traded on the New York Stock . . .