The company said it will redeem all outstanding shares of its Series U, Series Q, Series R and Series S Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock on March 21, 2024 under the optional redemption provisions.

1. 01

   The company said it will redeem all outstanding shares of its Series U, Series Q, Series R and Series S Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock on March 21, 2024 under the optional redemption provisions.

2. 02

   JPMorgan Chase said it will redeem all 1,000,000 Series U depositary shares on April 30, 2024, and all 1,500,000 Series Q, 1,500,000 Series R and 2,000,000 Series S depositary shares on May 1, 2024.

3. 03

   The company said the redemption price for Series U, Series Q, Series R and Series S preferred stock is $10,000 per share, equal to $1,000 per depositary share, and that each depositary share represents a one-tenth interest in 1 share of preferred stock.

4. 04

   The company said the final dividend payment date for Series U preferred stock is April 30, 2024, the final dividend payment date for Series Q, Series R and Series S preferred stock is May 1, 2024, and the record date for these dividends is April 1, 2024 for all series.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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