JPMorgan Chase Announces Adjustment to Warrant Exercise Price
July 01 2015 - 4:34PM
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
$42.325 per share from $42.363 per share, effective as of the close
of business on July 6, 2015.
This adjustment resulted from the declaration by the Board of
Directors of JPMorgan Chase on May 19, 2015 of a quarterly dividend
of $0.44 per share on the outstanding shares of the Firm’s common
stock. The dividend is payable on July 31, 2015, to stockholders of
record at the close of business on July 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.
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JPMorgan Chase & Co.Investor:Sarah Youngwood,
212-270-7325orMedia:Joseph Evangelisti, 212-270-7438
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