Goldman Sachs Group Inc.
Goldman Sachs Eliminates Series P Preferred Stock
Summary
On October 23, 2024, The Goldman Sachs Group, Inc. filed a Certificate of Elimination with the Secretary of State of Delaware to eliminate its 5.00% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series P. All outstanding shares of this stock were redeemed on October 21, 2024. The Company also filed a Restated Certificate of Incorporation reflecting the elimination of Series P Preferred Stock and the designation of new 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series Y.
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Exhibits (2)
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About Goldman Sachs Group Inc.
Goldman Sachs Group Inc. is a leading global investment banking, securities, and investment management firm. Its primary function is to provide a wide array of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Notable for its extensive involvement in merger and acquisition advisory, underwriting securities, asset management, and trading, Goldman Sachs plays a crucial role in the financial markets. The firm operates through four main business segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. Each segment specializes in delivering tailored financial solutions and strategic advisory services. Founded in 1869 and headquartered in New York City, Goldman Sachs is renowned for its influence in international financial services, where it helps drive market trends and capital flows, impacting various industries worldwide. Its expertise and extensive network have made it a pivotal player in facilitating global capital movements and economic growth.
Official SEC Documents
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