Bank of America Issues Series WW Preferred Stock and Depositary Shares

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-23
Category: business
Source: Investing.com

Bank of America Corporation announced on October 23, 2026, the issuance of 80,000 shares of Series WW Preferred Stock. Concurrently, the corporation sold 2,000,000 Depositary Shares, with each representing a 1/25th interest in a share of the Series WW Preferred Stock. The company also filed a Certificate of Designations to amend its Restated Certificate of Incorporation.

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