Corporate ActionJun 1, 2026, 05:00 PM
Charles Schwab Eliminates Series I Preferred Stock
AI Summary
The Charles Schwab Corporation announced that it filed a Certificate of Elimination with the Secretary of State of the State of Delaware on June 1, 2026. This filing pertains to the company's 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I. Effective upon filing, all matters concerning the Series I Preferred Stock were eliminated from the company's Fifth Restated Certificate of Incorporation.
Key Highlights
- The Charles Schwab Corporation filed a Certificate of Elimination for its 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I.
- The filing was made with the Secretary of State of the State of Delaware on June 1, 2026.
- Effective upon filing, all matters related to the Series I Preferred Stock were eliminated from the company's Fifth Restated Certificate of Incorporation.
Price Impact
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