CITIC BANK (00998) intends to redeem 350 million domestically issued non-public preferred shares.
CITIC BANK (00998) announced that the bank intends to redeem 350 million domestically issued non-public preferred shares that it issued on October 21, 2016, on October 26, 2026 (securities abbreviation: CITIC Pfd 1, securities code: 360025).
The bank intends to apply to suspend trading of the bank's preferred shares (securities abbreviation: CITIC Pfd 1, securities code: 360025) on October 23, 2026, and to cancel the preferred shares upon redemption on October 26, 2026.
CITIC BANK (00998) announced that the bank intends to redeem 350 million domestically issued non-public preferred shares that it issued on October 21, 2016, on October 26, 2026 (securities abbreviation: CITIC Pfd 1, securities code: 360025).
The bank intends to apply to suspend trading of the bank's preferred shares (securities abbreviation: CITIC Pfd 1, securities code: 360025) on October 23, 2026, and to cancel the preferred shares upon redemption on October 26, 2026.
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