JPM JPMORGAN CHASE & CO
Price Chart
Executive Summary
JPMorgan Chase announced the redemption of all 2,000,000 depositary shares (representing 200,000 shares of Series KK Preferred Stock) on June 1, 2026, at $1,000 per depositary share ($10,000 per preferred share), totaling $2.0 billion. This is a routine capital management action by a highly creditworthy issuer, with no material impact on the preferred securities tracked here (JPM-PM).
Actionable Insight
No direct read-through for JPM-PM holders. The redemption is a routine capital optimization by a top-tier bank with $4.9 trillion in assets. Monitor for any future redemption announcements on other preferred series, but no immediate action warranted.
Key Facts
- JPMorgan Chase will redeem all 2,000,000 outstanding depositary shares of Series KK Preferred Stock on June 1, 2026.
- Redemption price is $1,000 per depositary share ($10,000 per preferred share), totaling $2.0 billion.
- The redemption is optional under the governing documents and does not affect the Series MM preferred (JPM-PM) tracked here.
- The final dividend payment date for Series KK is June 1, 2026, with record date May 4, 2026.
Financial Impact
JPMorgan Chase is redeeming $2.0 billion of Series KK preferred stock, but this does not impact the Series MM preferred (JPM-PM) tracked here.
Risk Factors
- None material for JPM-PM; the redemption is isolated to Series KK.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-242018 |
| Document: d51433dex991.htm | 0001193125-26-242018 |
| Document: 0001193125-26-242018-index-headers.html | 0001193125-26-242018 |
| Document: 0001193125-26-242018-index.html | 0001193125-26-242018 |
| Document: 0001193125-26-242018.txt | 0001193125-26-242018 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 2, 2026
10d ago
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8-K
| $17.15 $17.15 | · 0.00% | ▼ −0.40% | $320.72 (+1770.09%) |
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Jun 1, 2026
12d ago
|
Court Ruling
| $296.61 $300.85 | ▲ +1.43% | ▲ +1.28% | $320.72 (+8.13%) |
|
Jun 1, 2026
12d ago
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Court Ruling
| $296.61 $300.85 | ▲ +1.43% | ▲ +1.28% | $320.72 (+8.13%) |
|
May 31, 2026
12d ago
|
ANALYST-DOWNGRADE
| $240.69 $244.69 | ▲ +1.66% | ▲ +1.13% | $320.72 (+33.25%) |
|
May 29, 2026
15d ago
|
Court Ruling
| $299.23 $296.58 | ▼ −0.88% | ▼ −1.16% | $320.72 (+7.18%) |
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May 29, 2026
15d ago
|
Court Ruling
| $299.23 $296.58 | ▼ −0.88% | ▼ −1.16% | $320.72 (+7.18%) |
|
May 29, 2026
15d ago
|
Court Ruling
| $299.23 $296.58 | ▼ −0.88% | ▼ −1.16% | $320.72 (+7.18%) |
|
May 27, 2026
16d ago
|
8-K
| $17.37 $17.30 | ▼ −0.40% | ▼ −0.64% | $320.72 (+1746.40%) |
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May 20, 2026
23d ago
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Insider Cluster
| $302.90 $306.49 | ▲ +1.19% | ▲ +0.74% | $320.72 (+5.88%) |
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May 15, 2026
28d ago
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Insider Cluster
| $300.70 $295.81 | ▼ −1.63% | ▼ −0.98% | $320.72 (+6.66%) |
US Market Status
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