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Citizens to early redeem 250,000 shares of series A preferreds
Chicago, June 4 – Citizens Financial Group, Inc. announced that it will redeem 250,000 shares of its series A non-cumulative perpetual preferred stock, which is all of the shares outstanding.
The redemption date will be July 6, according to a press release.
The company will redeem the shares at par. The redemption date is a dividend date and so regular quarterly dividends will be paid separately in the customary manner on July 6.
Computershare Trust Co., NA is the redemption agent (877 373-6374).
Citizens is a Providence, R.I.-based bank holding company.
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