SCHWAB ANNOUNCES Redemption of All Outstanding Shares of Its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A
22 Settembre 2022 - 11:02PM
Business Wire
The Charles Schwab Corporation today announced that it will
redeem on November 1, 2022, all of the 400,000 outstanding shares
of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred
Stock, Series A (“Series A Preferred Stock”) (CUSIP 808513AE5) at a
redemption price of $1,000 per share.
The redemption price does not include the regular quarterly
dividend that, if declared, will be paid separately in the
customary manner on November 1, 2022 to holders of record on the
record date for such dividend payment.
The Series A Preferred Stock is held in book-entry form through
the Depository Trust Company (“DTC”) and will be redeemed in
accordance with the procedures of DTC. Payment to DTC for the
Series A Preferred Stock will be made by Equiniti Trust Company as
redemption agent. The address for Equiniti Trust Company is 1110
Centre Pointe Curve, Suite 101, Mendota Heights, Minnesota
55120-1400, Attention: Corporate Actions.
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading
provider of financial services, with 34.0 million active brokerage
accounts, 2.3 million corporate retirement plan participants, 1.7
million banking accounts, and $7.13 trillion in client assets as of
August 31, 2022. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, asset management, custody, and financial advisory services
to individual investors and independent investment advisors. Its
broker-dealer subsidiaries, Charles Schwab & Co., Inc., TD
Ameritrade, Inc., and TD Ameritrade Clearing, Inc., (members SIPC,
https://www.sipc.org), and their affiliates offer a complete range
of investment services and products including an extensive
selection of mutual funds; financial planning and investment
advice; retirement plan and equity compensation plan services;
referrals to independent, fee-based investment advisors; and
custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC
and an Equal Housing Lender), provides banking and lending services
and products. More information is available at
https://www.aboutschwab.com.
TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. are
separate but affiliated companies and subsidiaries of TD Ameritrade
Holding Corporation. TD Ameritrade Holding Corporation is a wholly
owned subsidiary of The Charles Schwab Corporation. TD Ameritrade
is a trademark jointly owned by TD Ameritrade IP Company, Inc. and
The Toronto-Dominion Bank.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220922005898/en/
MEDIA Mayura Hooper Charles Schwab Phone:
415-667-1525
INVESTORS/ANALYSTS Jeff Edwards Charles Schwab Phone:
415-667-1524
Grafico Azioni Charles Schwab (NYSE:SCHW)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Charles Schwab (NYSE:SCHW)
Storico
Da Apr 2023 a Apr 2024