JPMorgan Chase Announces Final Adjustment to Warrant Exercise Price

JPMorgan Chase Announces Final Adjustment to Warrant Exercise Price

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) announced that in accordance with the terms of the outstanding warrants to purchase common stock of JPMorgan Chase (NYSE: JPM/WS), the warrant Exercise Price will be reduced to $41.472 per share from $41.624 per share, effective as of the close of business on October 5, 2018.

This adjustment resulted from the declaration by the Board of Directors of JPMorgan Chase on September 18, 2018 of a quarterly dividend of $0.80 per share on the outstanding shares of the Firm’s common stock. The dividend is payable on October 31, 2018, to stockholders of record at the close of business on October 5, 2018. This dividend declaration did not result in a change in the Warrant Share Number, which remains at 1.02.

Important notice regarding the upcoming expiration of the warrants:

The warrants will expire on Sunday, October 28, 2018, and must be exercised on or before Friday, October 26, 2018. Any warrants that are not exercised on or before Friday, October 26, 2018, which is the business day immediately preceding the expiration date, will become void. Holders of warrants who wish to exercise their warrants should contact the broker or custodian through which they hold their warrants for instructions on how to exercise the warrants. The warrant agent is Computershare Inc, telephone: 800-546-5141.

Further information regarding the warrants and adjustments to the warrant Exercise Price and the Warrant Share Number is available on the Firm’s website at www.jpmorganchase.com, under the heading Investor Relations, Shareholder Information: “Warrant Information.”

Source of information

JPMorgan Chase & Co. & Profibusiness.world

Date

October 10, 2018

Facebook

Page generated in 1.7242 seconds.
Redakční systém teal.cz naprogramoval Vítězslav Dostál