JPMorgan redeems $2.58 million absolute return notes tied to SanDisk

By Marisa Wong

Madison, Wis., Aug. 1 - JPMorgan Chase & Co. said it redeemed its $2,584,900 of outstanding contingent absolute return autocallable optimization securities due May 3, 2013 linked to the common stock of SanDisk Corp. in full on July 31.

The notes (Cusip: 46637G736) were redeemed at a redemption price of 103.568, which includes a call return of 14.27% per year.

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