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CWB announces results of conversion privilege of First Preferred Shares Series 5
Canadian Western Bank (“CWB”) (TSX: CWB) today announced that after having taken into account all election notices received by the April 15, 2019 deadline for conversion of its currently outstanding 5,000,000 non-cumulative 5-year rate reset First Preferred Shares Series 5 (the “Series 5 Preferred Shares”) (TSX: CWB.PR.B) into non-cumulative floating rate First Preferred Shares Series 6 of CWB (the “Series 6 Preferred Shares”), no Series 5 Preferred Shares will be converted into Series 6 Preferred Shares.
CWB amends normal course issuer bid
Canadian Western Bank (TSX: CWB) announced today that the Toronto Stock Exchange has approved an amendment to its normal course issuer bid authorized by CWB’s Board of Directors.
CWB announces election of directors
Canadian Western Bank (TSX: CWB) today announced that all nominees listed in the management proxy circular mailed to shareholders prior to the annual meeting were elected as directors of CWB.
CWB announces Dividend Rates on Preferred Shares
Canadian Western Bank (“CWB”) (TSX: CWB) today announced the applicable dividend rates for its non-cumulative 5-year rate reset First Preferred Shares Series 5 (the “Series 5 Preferred Shares”) (TSX: CWB.PR.B) and non-cumulative floating rate First Preferred Shares Series 6 (the “Series 6 Preferred Shares”).
CWB announces conversion privilege of preferred shares
Canadian Western Bank (“CWB”) (TSX: CWB) today announced that it does not intend to exercise its right to redeem all or any of its currently outstanding 5,000,000 non-cumulative 5-year rate reset First Preferred Shares Series 5 (the “Series 5 Preferred Shares”) (TSX: CWB.PR.B) on April 30, 2019.