Commonwealth Bank Redeems PERLS X Capital Notes
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Commonwealth Bank of Australia (CBA) has announced the redemption of all outstanding CommBank PERLS X Capital Notes at A$100 each, with a final distribution of A$0.4467 per note to be paid on April 15, 2025. This decision is part of the bank's capital management strategy and may influence its financial strategies and stakeholder interests. CBA is a leading financial institution in Australia, offering a variety of banking services. Current market cap stands at A$258.6B with a year-to-date price performance of 2.35%.
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