JPMorgan Chase Announces Adjustment to Warrant Exercise Price
April 01 2015 - 4:29PM
Business Wire
JPMorgan Chase & Co. (NYSE:JPM) (“JPMorgan Chase” or the
“Firm”) announced today 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
$42.363 per share from $42.377 per share, effective as of the close
of business on April 6, 2015.
This adjustment resulted from the declaration by the Board of
Directors of JPMorgan Chase on March 17, 2015, of a quarterly
dividend of $0.40 per share on the outstanding shares of the Firm’s
common stock. The dividend is payable on April 30, 2015, to
stockholders of record at the close of business on April 6, 2015.
This dividend declaration did not result in a change in the Warrant
Share Number.
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 jpmorganchase.com, under the
heading Investor Relations, Shareholder Information: “Warrant
Information.”
JPMorgan Chase & Co. (NYSE: JPM) is a leading global
financial services firm with assets of $2.6 trillion and operations
worldwide. The Firm is a leader in investment banking, financial
services for consumers and small businesses, commercial banking,
financial transaction processing, and asset management. A component
of the Dow Jones Industrial Average, JPMorgan Chase & Co.
serves millions of consumers in the United States and many of the
world's most prominent corporate, institutional and government
clients under its J.P. Morgan and Chase brands. Information about
JPMorgan Chase & Co. is available at www.jpmorganchase.com.
J.P. Morgan Chase & Co.Investor Contact:Sarah Youngwood,
212-270-7325orMedia Contact:Joseph Evangelisti, 212-270-7438
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