From Nasdaq: 2025-05-30 20:50:00

Wells Fargo & Company announced the redemption of certain capital securities issued by CoreStates Capital II and CoreStates Capital III on June 30, 2025. The redemptions include $150 million in Floating Rate Subordinated Capital Income Securities and $300 million in Floating Rate Capital Trust Pass-through Securities. Each security will be redeemed at 100% of their principal value plus any accumulated and unpaid distributions. WFC closed at $74.78 on Friday, up 0.36%, before slipping to $74.73 in after-hours trading on the NYSE. Please note that the provided CUSIP numbers are for reference only.



Read more at Nasdaq: Wells Fargo To Redeem $450M In Capital Securities On June 30, 2025