Skip to main content

Royal Bank of Canada(RY-T)
TSX

Today's Change
Real-Time Last Update

Royal Bank of Canada to redeem NVCC Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series AZ

Newswire.ca - Tue Apr 16, 7:54AM CDT

TORONTO, April 16, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced its intention to redeem all of its issued and outstanding Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series AZ (Series AZ shares) (TSX: RY.PR.Z) on May 24, 2024, for cash at a redemption price of $25.00 per share to be paid on May 24, 2024.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe

inside the market
Short sales on the TSX: What bearish investors are betting against
Larry MacDonald