JPMorgan Chase calls 6.15%, 5.72% and 5.49% cumulative preferreds

By Angela McDaniels

Tacoma, Wash., July 16 - JPMorgan Chase & Co. will redeem its outstanding 6.15% cumulative preferred stock, series E, 5.72% cumulative preferreds, series F, and 5.49% cumulative preferreds, series G, on Aug. 20, according to a company news release.

The redemption price will be $200 per preferred plus accrued dividends up to the redemption date.

The preferreds are represented by depositary shares. Each depositary share represents a one-fourth interest in a preferred, and the redemption price is equivalent to $50 per depositary share.

The redemption agent is BNY Mellon Shareowner Services.

JPMorgan is a financial services firm based in New York.

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