Redemption | CANADIAN IMPERIAL BANK OF COMMERCE CIBC NON-CUM RED PFD SHS A SERIES -41- | 3rd February 2025
CANADIAN IMPERIAL BANK OF COMMERCE CIBC NON-CUM RED PFD SHS A SERIES -41- announced a Redemption on December 18, 2024. The Redemption is expected to be completed at the close on January 31, 2025.
The treatment below will be applied to the following indices:
- CANADIAN IMPERIAL BANK OF COMMERCE CIBC NON-CUM RED PFD SHS A SERIES -41- will be removed from the Index.
- The weight of CANADIAN IMPERIAL BANK OF COMMERCE CIBC NON-CUM RED PFD SHS A SERIES -41- (CM_pp.TO) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 03/02/2025
Solactive Laddered Canadian Preferred Share Index
Solactive Laddered Canadian Preferred Share Index PR
Solactive Canadian Rate Reset Preferred Share Index (TR)