NYSE:COFConsumer Finance
Capital One Financial (NYSE:COF) Announces Preferred Stock Redemption at US$1,000 Per Share
Capital One Financial (NYSE:COF) recently announced the redemption of all outstanding shares of its 6.125% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series P, scheduled for June 2025. This move, along with other developments like executive changes following its acquisition of Discover Financial Services, added weight to the company's share price, which rose 17% over the last quarter. This increase exceeded the broader market's rise, which saw a more modest 12% gain over the...