Commonwealth Bank Redeems PERLS X Capital Notes
Commonwealth Bank of Australia (CBA) has announced the redemption of all outstanding CommBank PERLS X Capital Notes at A$100 each, with a final distribution of A$0.4467 per note to be paid on April 15, 2025. This decision is part of the bank's capital management strategy and may influence its financial strategies and stakeholder interests. CBA is a leading financial institution in Australia, offering a variety of banking services. Current market cap stands at A$258.6B with a year-to-date price performance of 2.35%.
Commonwealth Bank of Australia ( (AU:CBA) ) just unveiled an update.
Commonwealth Bank of Australia announced the redemption of all outstanding CommBank PERLS X Capital Notes at their face value of A$100 each, with a final distribution of A$0.4467 per note paid on April 15, 2025. This move reflects the bank’s ongoing management of its capital structure and may impact its financial strategies and stakeholder interests.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia (CBA) is a major financial institution in Australia, providing a wide range of banking and financial services including retail, business, and institutional banking. The bank is focused on maintaining a strong presence in the Australian market, offering products such as loans, credit cards, and investment services.
YTD Price Performance: 2.35%
Average Trading Volume: 2,275,498
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$258.6B
For an in-depth examination of CBA stock, go to TipRanks’ Stock Analysis page.
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