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CIBC to redeem all series 27 noncumulative class A preferred shares
By Tali Rackner
Norfolk, Va., Dec. 8 – CIBC called all of its noncumulative class A preferred shares series 27, according to a press release.
The preferreds will be redeemed at C$25.00 per share on Jan. 31.
The C$0.35 quarterly dividend will be paid on Jan. 28 to holders of record on Dec. 29.
CIBC is a Toronto-based financial services company.
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