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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Royal Bank of Canada | TSX:RY | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.67 | -0.41% | 162.95 | 162.79 | 163.18 | 163.82 | 161.82 | 162.61 | 2,501,169 | 20:59:15 |
TORONTO, Nov. 5, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced its intention to redeem all outstanding Non-Viability Contingent Capital (NVCC) 2.88 per cent subordinated debentures due December 23, 2029 for 100 per cent of their principal amount plus accrued interest to, but excluding, the redemption date. The redemption will occur on December 23, 2024. The current principal amount of 2.88 per cent NVCC subordinated debentures outstanding is $1,500,000,000.
The redemption of the debentures will be financed out of the general corporate funds of Royal Bank of Canada.
For further information, please contact:Â
Investor contact:
Asim Imran, Investor Relations, asim.imran@rbc.com, 416-955-7804
Media contact:
Fiona McLean, Corporate Communications, fiona.mclean@rbc.com, 437-778-3506
SOURCE Royal Bank of Canada
Copyright 2024 Canada NewsWire
1 Year Royal Bank of Canada Chart |
1 Month Royal Bank of Canada Chart |
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