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Form 8-K · Current Report · Filed 2025-01-27

JPMorgan Chase Announces Redemption of Series HH Preferred Stock

On January 27, 2025, JPMorgan Chase & Co. announced the redemption of all 3,000,000 outstanding depositary shares representing a one-tenth interest in its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series HH, scheduled for February 1, 2025. The redemption price per share is set at $10,000, with payment to be made on February 3, 2025. This action is in accordance with the optional redemption provisions in the governing documents.

Filer
JPMorgan Chase & Co. JPM · NYSE
Filed
Accession
0001193125-25-013396
CIK
0000019617
Signal
Medium impactFinancial Services

Items reported

Item 8.01

Other Events

Share Repurchase Program Announced
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$264.84

Next session

+0.9%

Since filing

+32.8%

Latest close

$351.79

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from JPM reporting the same item, with the next session's move:

Exhibits (1)

About JPMorgan Chase & Co.

JPMorgan Chase & Co., a leading global financial services firm, offers a wide range of banking and financial products and services. Its primary function is to serve as a commercial and investment bank, providing services that include asset management, treasury and securities services, and private banking. The firm plays a significant role in global financial markets through divisions focused on consumer and community banking, corporate and investment banking, commercial banking, and asset management. JPMorgan Chase impacts various sectors, including retail, corporate, and institutional clients, adapting services to cater to different financial needs. As one of the largest banking institutions in the United States, headquartered in New York City, it upholds a strong market presence. The firm's historical roots date back to the mid-19th century, contributing to its reputation as a stalwart in traditional banking and a pioneer in financial innovation.

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