JPM 8-K: Smart Summary
93% reductionOn May 27, 2026, JPMorgan Chase & Co. announced the redemption of all 2,000,000 outstanding depositary shares of its 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series KK, effective June 1, 2026.
Item 8.01: Other Events
Other
- Redemption date: June 1, 2026
- Total depositary shares being redeemed: 2,000,000
- Each depositary share represents a one-tenth interest in one share of Series KK Preferred Stock
- Series KK Preferred Stock carries a 3.65% Fixed-Rate Reset Non-Cumulative dividend rate
- Par value of Series KK Preferred Stock: $1.00 per share; liquidation preference: $10,000 per share
- Redemption is pursuant to optional redemption provisions in the governing documents
§ MORE SUMMARIES
More JPM Smart Summaries
Other filings for JPMORGAN CHASE & CO with a Smart Summary.
8-K$JPMJPMORGAN CHASE & COSmart Summary
8-K Filing
Closes $500M notes offering, expanding 2030 series to $3.25B
8-K$JPMJPMORGAN CHASE & COSmart Summary
8-K Filing
Shareholders approve 11 directors and reject 3 of 4 activist proposals
8-K$JPMJPMORGAN CHASE & COSmart Summary
8-K Filing
Issues 300,000 shares of 6.100% preferred stock, Series PP
Never miss a JPM filing
Get real-time email alerts when JPM files with the SEC.