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Thursday, 09/27/2018 10:05:18 PM

Thursday, September 27, 2018 10:05:18 PM

Post# of 729579
Money from heaven IMO

"New York, September 27, 2018 - JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has announced that on October 30, 2018 (the “Redemption Date”) it will redeem 169,625 of the 600,000 outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I (“Series I Preferred Stock”). The shares of Series I Preferred Stock are represented by 6,000,000 depositary shares (“Series I Depositary Shares”), with each Series I Depositary Share (CUSIP: 46625HHA1) representing a one-tenth interest in a share of Series I Preferred Stock. Simultaneously with the redemption of 169,625 shares of the Series I Preferred Stock on the Redemption Date, 1,696,250 of the Series I Depositary Shares will be redeemed. The Series I Depositary Shares to be redeemed will be selected by lottery in accordance with the applicable procedures of The Depositary Trust Company (“DTC”). The redemption price per share for the Series I Preferred Stock to be redeemed will be $10,000 (equivalent to $1,000 per Series I Depositary Share)."

https://www.jpmorganchase.com/corporate/investor-relations/pr/redemption-prfrd-stock-092718.htm

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