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Commonwealth Bank of Australia to Redeem PERLS X Capital Notes

Story Highlights
  • CBA will redeem PERLS X Capital Notes at A$100 each on 15 April 2025.
  • This redemption is part of CBA’s capital management strategy and does not imply similar actions for other instruments.
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Commonwealth Bank of Australia to Redeem PERLS X Capital Notes

Commonwealth Bank of Australia ( (AU:CBA) ) just unveiled an update.

The Commonwealth Bank of Australia announced the redemption of its CommBank PERLS X Capital Notes on 15 April 2025, with each note being redeemed at its face value of A$100. This move is part of the bank’s capital management strategy, and the final distribution for these notes will also be paid on the same date. The announcement specifies that this redemption does not necessarily indicate similar actions for other capital instruments, which remain subject to their terms and regulatory approval.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia (CBA) is a major financial institution in Australia, offering a wide range of financial services including retail, business, and institutional banking. It is a leading provider in the Australian banking sector, known for its comprehensive suite of financial products and services.

YTD Price Performance: -5.80%

Average Trading Volume: 1,998,046

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$238B

See more insights into CBA stock on TipRanks’ Stock Analysis page.

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