Redemption | CANADIAN IMPERIAL BANK OF COMMERCE NON-CUM RED PFD SHS A SERIES 43 | 1st August 2025
CANADIAN IMPERIAL BANK OF COMMERCE NON-CUM RED PFD SHS A SERIES 43 announced a Redemption on June 24, 2025. The Redemption is expected to be completed on August 1, 2025.
The treatment below will be applied to the following indices:
- CANADIAN IMPERIAL BANK OF COMMERCE NON-CUM RED PFD SHS A SERIES 43 will be removed from the Index.
- The weight of CANADIAN IMPERIAL BANK OF COMMERCE NON-CUM RED PFD SHS A SERIES 43 (CM_pq.TO) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 01/08/2025
Solactive Laddered Canadian Preferred Share Index
Solactive Laddered Canadian Preferred Share Index PR
Solactive Canadian Rate Reset Preferred Share Index (TR)