On December 5, Bank Of Beijing Co., Ltd. issued an announcement regarding the full redemption and delisting of its preferred shares "BJBK Pref-1."
The redemption involves 49 million preferred shares with a total value of RMB 4.9 billion, each having a face value of RMB 100. The bank plans to complete the redemption on December 11, 2025, at a price equal to the par value plus any declared but unpaid dividends.
The last trading day for these preferred shares will be December 9, 2025, with the record date set for December 10 when trading will be suspended. Both share cancellation and redemption payment will occur on December 11, followed by the termination of listing.
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