Wells Fargo & Company said it will fully redeem all outstanding shares of its 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB, and the related depositary shares, on March 16, 2026. The redemption price will be $25,000 per preferred share and $1,000 per depositary share, with regular quarterly dividends to be paid separately on the redemption date to holders of record as of Feb. 27, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wells Fargo & Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20260224588768) on February 25, 2026, and is solely responsible for the information contained therein.
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