Bank of America Announces Full Redemption of Its Series Z Preferred Stock and Related Depositary Shares
September 21, 2024
September 21, 2024
CHARLOTTE, North Carolina, Sept. 21 -- Bank of America, a financial institution, issued the following news release on Sept. 20, 2024:
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z (CUSIP No. 060505EM2), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Pr . . .
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z (CUSIP No. 060505EM2), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Pr . . .