UMB Financial Corporation Announces Full Redemption of Series A Preferred Stock and Dividend Payment

Reuters
06-12
UMB Financial Corporation Announces Full Redemption of Series A Preferred Stock and Dividend Payment

UMB Financial Corporation has announced the full redemption of its Series A Preferred Stock. The financial services company plans to redeem all 11,500 outstanding shares of its 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, at a price of $10,000 per share. This redemption is set for July 15, 2025, coinciding with the dividend payment date. Regular dividends of $175 per share will be paid separately on the same date to holders of record as of June 30, 2025. Following the redemption, no further dividends will accrue on these shares. The redemption process will be handled through The Depository Trust Company, with Computershare Trust Company, N.A. serving as the redemption agent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UMB Financial Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250612228849) on June 12, 2025, and is solely responsible for the information contained therein.

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