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CBA to Redeem and Remove CommBank PERLS X Capital Notes

Story Highlights

Commonwealth Bank of Australia ( (AU:CBA) ) has provided an announcement.

The Commonwealth Bank of Australia has announced the suspension and upcoming removal of its CommBank PERLS X Capital Notes from the Australian Securities Exchange (ASX). This action is in preparation for the redemption of these securities, and it does not affect any other securities issued by the bank. The move is part of the bank’s routine management of its financial instruments, ensuring compliance with ASX listing rules and maintaining operational efficiency.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia (CBA) operates in the financial services industry, offering a wide range of banking and financial products and services. It is one of the largest banks in Australia, focusing on retail, business, and institutional banking, as well as wealth management and insurance services.

YTD Price Performance: 2.44%

Average Trading Volume: 2,072,125

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$256.2B

For a thorough assessment of CBA stock, go to TipRanks’ Stock Analysis page.

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