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Stock impact report

CWB announces conversion privilege of First Preferred Shares Series 5 and Series 9 [Yahoo! Finance]

COMPUTERSHARE LTD ADR (CMSQY) 
NASDAQ:AMEX Investor Relations: computershare.com/corporate
Company Research Source: Yahoo! Finance
all or any of its currently outstanding 5,000,000 non-cumulative 5-year rate reset First Preferred Shares Series 5 (the "Series 5 Preferred Shares") (TSX: CWB.PR.B) on April 30, 2024 . As a result, subject to certain conditions described in the prospectus supplement dated February 3, 2014 relating to the issuance of the Series 5 Preferred Shares (the "Series 5 Preferred Share Prospectus"), the holders of the Series 5 Preferred Shares have the right, at their option, to convert any or all of their Series 5 Preferred Shares into an equal number of CWB's non-cumulative floating rate First Preferred Shares Series 6 (the "Series 6 Preferred Shares"), subject to certain conditions, on April 30, 2024 . In accordance with the share conditions, a formal notice of the right to convert Series 5 Preferred Shares into Series 6 Preferred Shares will be sent to the registered holders of the Series 5 Preferred Shares. Holders of Series 5 Preferred Shares are not required to elect to convert all or an Show less Read more
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