AI English summary of an SEC filing — figures as filed
The company said in its December 2, 2025 filing that it will redeem all 80,500 outstanding shares of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock on January 2, 2026.
Key points
AI summaryThe company said in its December 2, 2025 filing that it will redeem all 80,500 outstanding shares of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock on January 2, 2026.
The company said the redemption of the Series B preferred stock will also redeem the related depositary shares, each representing a 1/40th interest. It said the redemption price will be $1,000.00 per share of preferred stock and $25.00 per depositary share.
The company said the redemption prices do not include declared but unpaid dividends, if any, before the redemption date. It also said no Series B preferred stock or Series B depositary shares will remain outstanding after the redemption takes effect.
The company said the depositary shares are held through The Depository Trust Company and will be redeemed under DTC procedures, with payment to DTC made by Computershare as redemption agent. It said it has received all necessary approvals for the redemption.
Summary
AI-writtenAnalysis 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.
Raymond James to Redeem Series B Preferred Stock in Full
The company said in its December 2, 2025 filing that it will redeem all 80,500 outstanding shares of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock on January 2, 2026.
Source · Based on the filing body and exhibits
Depositary Share Redemption and Redemption Price
The company said the redemption of the Series B preferred stock will also redeem the related depositary shares, each representing a 1/40th interest. It said the redemption price will be $1,000.00 per share of preferred stock and $25.00 per depositary share.
Source · Based on the filing body and exhibits
No Remaining Shares and Unpaid Dividend Terms
The company said the redemption prices do not include declared but unpaid dividends, if any, before the redemption date. It also said no Series B preferred stock or Series B depositary shares will remain outstanding after the redemption takes effect.
Source · Based on the filing body and exhibits
Redemption Procedures and Approvals
The company said the depositary shares are held through The Depository Trust Company and will be redeemed under DTC procedures, with payment to DTC made by Computershare as redemption agent. It said it has received all necessary approvals for the redemption.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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