JPMorgan Issues New Preferred Stock, Modifies Security Holder Rights
JPMorgan Chase & Co. (NYSE:JPM) has announced the issuance of 300,000 shares of its 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series OO, on Monday. The shares, with a par value of $1.00 ...
JD Supra2y
Avoiding Common Pitfalls in Preferred Stock Transactions
Preferred stock issuances by Delaware corporations are often effected through a board’s “blank check” power contained in a company’s certificate of incorporation and permitted by Section ...
Goldman Sachs issues new preferred stock series
Goldman Sachs Group Inc (NYSE:GS), currently trading at $636.90 and near its 52-week high, has announced amendments to its rights of security holders and its articles of incorporation, introducing a ...
Regional Health announces common stock distribution to preferred shareholders
Regional Health Properties (RHE) announced that its board of directors declared a dividend to the holders of its 12.5% Series B Cumulative ...
TMCnet5d
MicroStrategy Prices Strike Preferred Stock Offering (STRK)
MicroStrategy estimates that the net proceeds to it from the offering will be approximately $563.4 million, after deducting the underwriting discounts and commissions and MicroStrategy's estimated ...
TMCnet9d
MicroStrategy Announces Proposed Strike Preferred Stock Offering (STRK)
MicroStrategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital. The perpetual strike preferred stock will ...