Exhibit 99
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JPMorgan Chase & Co. 383 Madison
Avenue, New York, NY 10179-0001 NYSE symbol: JPM
www.jpmorganchase.com |
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News release:
IMMEDIATE RELEASE
JPMorganChase To Redeem All $2.25 Billion Of Its
Fixed-to-Floating Rate
Non-Cumulative Preferred Stock, Series FF
Represented By Depositary Shares
New York, July 24, 2024 JPMorgan Chase & Co. (NYSE: JPM) (JPMorganChase or the Firm) has
announced that on August 1, 2024 it will redeem all of the 225,000 outstanding shares of its Fixed-to-Floating Rate
Non-Cumulative Preferred Stock, Series FF (Series FF Preferred Stock). The shares of Series FF Preferred Stock are represented by 2,250,000 depositary shares (CUSIP: 48128BAF8), with each
depositary share representing a one-tenth interest in a share of Series FF Preferred Stock. The redemption price per share for the Series FF Preferred Stock will be $10,000 (equivalent to $1,000 per depositary
share).
Payment of the redemption price will be made on the redemption date of August 1, 2024, upon presentation and surrender of the depositary
receipts evidencing the depositary shares to be redeemed to Computershare Inc., as Depositary, at 150 Royall Street, Canton, Massachusetts 02021. Depositary shares held in book-entry form shall be surrendered in accordance with applicable procedures
of The Depository Trust Company.
August 1, 2024 is also the final dividend payment date for the Series FF Preferred Stock and the depositary shares.
The record date for that dividend is July 2, 2024.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the
United States of America (U.S.), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341 billion in stockholders equity as of June 30, 2024. The Firm is a leader in investment banking, financial
services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the worlds most
prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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Investor Contact: |
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Mikael Grubb |
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Media Contact: Joseph Evangelisti |
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212-270-2479 |
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212-270-7438 |