NEW YORK--(BUSINESS WIRE)--
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”)
announced today that in accordance with the terms of the outstanding
warrants to purchase common stock of JPMorgan Chase (NYSE: JPM/WS), the
warrant Exercise Price will be reduced to $42.405 per share from $42.42
per share, effective as of the close of business on July 3, 2014.
This adjustment resulted from the declaration by the Board of Directors
of JPMorgan Chase on May 20, 2014 of a quarterly dividend of $0.40 per
share on the outstanding shares of the Firm’s common stock. The dividend
is payable on July 31, 2014, to stockholders of record at the close of
business on July 3, 2014. This dividend declaration did not result in a
change in the Warrant Share Number.
Further information regarding the warrants and adjustments to the
warrant Exercise Price and the Warrant Share Number is available on the
Firm’s website at jpmorganchase.com, under the heading Investor
Relations, Shareholder Information: “Warrant Information.”
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services
firm with assets of $2.5 trillion and operations worldwide. The Firm is
a leader in investment banking, financial services for consumers and
small businesses, commercial banking, financial transaction processing,
and asset management. A component of the Dow Jones Industrial Average,
JPMorgan Chase & Co. serves millions of consumers in the United States
and many of the world's most prominent corporate, institutional and
government clients under its J.P. Morgan and Chase brands. Information
about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
JPMorgan Chase & Co.
Source: JPMorgan Chase & Co.