Chemtrade Logistics Income Fund Completes Redemption of Outstanding 5.25% Convertible Unsecured Subordinated Debentures Due June 30, 2021

Chemtrade Logistics Income Fund Completes Redemption of Outstanding 5.25% Convertible Unsecured Subordinated Debentures Due June 30, 2021

Not for distribution to U.S. news wire services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–
Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund”) announced today that it has completed the redemption of the remaining $14.0 million of its outstanding 5.25% convertible unsecured subordinated debentures due June 30, 2021 (the “2021 Debentures”). The Fund previously redeemed $100.0 million of its 2021 Debentures on September 29, 2020 and $12.5 million of its 2021 Debentures on October 5, 2020. After this redemption this series of debentures has been fully redeemed.

As part of the redemption, holders of the 2021 Debentures received approximately $1,019.5082 for each $1,000 principal amount of 2021 Debentures, being equal to $1,000, plus all accrued and unpaid interest thereon to but excluding the redemption date. The 2021 Debentures (TSX: CHE.DB.B) will be de-listed from the Toronto Stock Exchange at the close of trading today.

About Chemtrade

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America’s largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, sodium hydrosulphite, and phosphorus pentasulphide. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid sulphur dioxide, potassium chloride, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.

Caution Regarding Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking information within the meaning of certain securities laws, including the Securities Act (Ontario). Forward-looking information can be generally identified by the use of words such as “anticipate”, “continue”, “estimate”, “expect”, “expected”, “intend”, “may”, “will”, “project”, “plan”, “should”, “believe” and similar expressions. Forward-looking statements in this news release describe the expectations of the Fund and its subsidiaries as of the date hereof.

These statements are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the “Risk Factors” section of the Fund’s latest Annual Information Form and the “Risks and Uncertainties” section of the Fund’s most recent Management’s Discussion & Analysis.

Although the Fund believes the expectations reflected in these forward-looking statements and the assumptions upon which they are based are reasonable, no assurance can be given that actual results will be consistent with such forward-looking statements, and they should not be unduly relied upon. With respect to the forward-looking statements contained in this news release, the Fund has made assumptions regarding: the timing and completion of the Redemption; there being no significant disruptions affecting the operations of the Fund and its subsidiaries, whether due to labour disruptions, supply disruptions, power disruptions, transportation disruptions, damage to equipment or otherwise; the timely receipt of required regulatory approvals; and global economic performance.

Except as required by law, the Fund does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. The forward-looking information contained herein are expressly qualified in their entirety by this cautionary statement.

Further information can be found in the disclosure documents filed by the Fund with the securities regulatory authorities, available at www.sedar.com.

Mark Davis

President & Chief Executive Officer

Tel: (416) 496-4176

Rohit Bhardwaj

Vice-President, Finance & Chief Financial Officer

Tel: (416) 496-4177

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Chemicals/Plastics Manufacturing

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INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against MultiPlan Corporation and Encourages Investors with Losses of $100,000 to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against MultiPlan Corporation and Encourages Investors with Losses of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of MultiPlan Corporation (“MultiPlan” or “the Company”) (NYSE: MPLN) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. MultiPlan is the subject of a report published by Muddy Waters Research on November 11, 2020, titled, “MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab.” The report includes multiple allegations, such as “MPLN is in the process of losing its largest client, UnitedHealthcare (‘UHC’). UHC has formed a competitor to MPLN that offers significantly lower prices and fewer conflicts of interest.” Based on this report, shares of Multiplan dropped by 28% over the next two trading sessions.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The Schall Law Firm

Brian Schall, Esq.

310-301-3335

[email protected]

www.schallfirm.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Legal Professional Services

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Tropicana Board Awards Management Bonuses While Frontline Staff Get More Wage Freezes

Tropicana Board awarded a $3000 bonus to a manager, even while continuing to rebuff workers’ ask for a modest wage increase. Workers unionized with SEIU Local 2 over a year ago in response to years of wage freezes and other unfair treatment by management.

TORONTO, Nov. 13, 2020 (GLOBE NEWSWIRE) — Tropicana workers have learned that the Tropicana board voted to grant a $3000 to a manager in 2019, around the time the frontline workers unionized and started asking for an end to years of wage freezes. 

Several workers were told either directly or overheard that board President Carol Comissiong authorized a $3000 bonus for the daycare supervisor. Now that workers are striking together, this information is being brought to light with the broader group. 

Maxine Edwards is a Job Developer with Tropicana and was unaware of the manager bonus until the strike started. She says: “I hadn’t heard about the manager bonus until we all went on strike and this information came out. But this is really disappointing to hear. I was working with no wage increase for four years. I was always told there was no money for wage increases for staff.”

Management has continued to insist on three more years of wage freezes, which has pushed the workers to go on strike. Workers have been picketing Tropicana premises since November 9th.

Tropicana is a publicly-funded organization financed by all three levels of government. Workers unionized and are now on strike after many had been forced to accept up to a decade of wage freezes. They are seeking a cost-of-living wage increase and transparent management practices as a part of their first collective agreement. Workers have set up TropicanaStrikes.ca to keep the public informed on developments. 

SEIU Local 2 represents workers in Nova Scotia, Ontario, Alberta, New Brunswick and British Columbia.

Contact: Assya Moustaqim-Barrette
[email protected]
416-274-4903



Natural Order Acquisition Corp. Announces Closing of $230 Million Initial Public Offering, which Includes Full Exercise of the Underwriters’ Over-Allotment Option

PR Newswire

NEW YORK, Nov. 13, 2020 /PRNewswire/ — Natural Order Acquisition Corp. (Nasdaq: NOACU, the “Company” or “Natural Order”) announced today that it closed its initial public offering of 23,000,000 units, which includes the full exercise of the underwriters’ over-allotment option.  The units were sold at $10.00 per unit, resulting in total gross proceeds of $230,000,000.  Each unit consists of one share of common stock and one redeemable warrant. Each warrant entitles the holder thereof to purchase one half-share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares of common stock and redeemable warrants are expected to be listed on Nasdaq under the symbols “NOAC” and “NOACW,” respectively.

The Company is led by founders Paresh Patel (CEO) and Sebastiano Cossia Castiglioni (Chairman). The Company is a blank check company formed for the purpose of effecting a business combination with one or more businesses. It is the Company’s intention to pursue prospective targets that are focused on technologies and products related to plant-based food and beverages, alternative protein, and other alternatives to animal products. The proceeds of the offering will be used to fund such business combination.

The units began trading on The Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “NOACU” on November 11, 2020.

Chardan and Barclays acted as joint book running managers in the offering.

Loeb & Loeb LLP acted as counsel to the Company and Davis Polk & Wardwell LLP acted as counsel to the underwriters.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on November 10, 2020. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Chardan, 17 State Street, 21st Floor, New York, New York 10004 or telephone: 646-465-9001; or Barclays, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 888-603-5847, or email: [email protected]. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact

Marc Volpe

CFO, Natural Order Acquisition Corp.
617-395-1644
[email protected]

Cision View original content:http://www.prnewswire.com/news-releases/natural-order-acquisition-corp-announces-closing-of-230-million-initial-public-offering-which-includes-full-exercise-of-the-underwriters-over-allotment-option-301172930.html

SOURCE Natural Order Acquisition Corp.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Biogen Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Biogen Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Biogen Inc. (“Biogen” or “the Company”) (NASDAQ: BIIB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between October 22, 2019 and November 6, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before January 12, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Biogen’s larger dataset failed to provide necessary information on aducanumab’s effectiveness. The Company’s EMERGE study also failed to include necessary data on its effectiveness. This failure extended to the Company’s PRIME study of aducanumab. The Company’s submission to the FDA Peripheral and Central Nervous System Drugs Advisory Committee did not support the efficacy of the drug. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Biogen, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Legal Professional Services

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Farmers & Merchants Bancorp Announces Increase in the Year-End Cash Dividend

LODI, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp (OTCQX: FMCB), a bank holding company headquartered in Lodi, California, declared a year-end cash dividend of $7.50 per share of common stock, an increase of 4.90% over the cash dividend declared in November of 2019. The cash dividend will be paid on January 2, 2021, to shareholders of record on December 9, 2020. Cash dividend payments declared over the past year total $14.75 per share.

Kent A. Steinwert, Chairman, President and Chief Executive Officer stated, “We are pleased that Farmers & Merchants Bancorp’s record third quarter and year-to-date 2020 financial performance allowed for increasing the cash dividend while still providing a level of capital retention that supports the Company’s growth plans. Although the low market interest rates and economic slowdown caused by the COVID-19 health crisis are negatively impacting the performance of many financial institutions, we remain cautiously optimistic about the outlook for Farmers & Merchants Bancorp’s financial results in the remainder of 2020. This year marks the 86th consecutive year that Farmers & Merchants Bancorp has paid cash dividends and the 56th consecutive year dividends have been increased. As a result of the reliability of our cash dividends over many decades, we remain a member of a select group of only 30 publicly traded companies referred to as Dividend Kings.”

Farmers & Merchants Bancorp earned record net income of $14.8 million in the third quarter of 2020 and $43.2 million for the nine months ending September 30, 2020, representing increases of 7.8% and 4.5% over the same periods the prior year. Earnings per share of common stock outstanding for the third quarter were $18.66, up from $17.45 in the third quarter of 2019, and for the nine-month period were $54.49, up from $52.64 the prior year. Additionally, the Company’s net income over the trailing twelve months was $57.9 million ($73.03 per share as reported), as compared to $54.4 million for the same period in the prior year. Return on average assets for the third quarter was 1.40%, and for the nine months was 1.44%, and return on average equity was 14.40% for the third quarter and 14.54% for the nine months. Total assets at quarter-end were $4.3 billion, up 20.5% from the third quarter of 2019. As of September 30, 2020 the Company’s credit quality remained strong, with only $498,000 of non-performing loans and leases and a very low delinquency ratio of .04%.

The Company’s tier 1 leverage capital ratio was 9.5% at September 30, 2020, and the total capital ratio was 13.12%, resulting in the highest possible regulatory classification of “well capitalized”. Had the Company not participated in the SBA’s Paycheck Protection Program, the net result would have been an 86 basis point improvement to the September 30, 2020 tier 1 leverage capital ratio, increasing the ratio to 10.36%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, traded on the OTCQX under the symbol FMCB, is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community bank, which proudly serves California through 32 convenient locations. We are the 13th largest bank lender to agriculture in the United States, and the largest community bank lender to agriculture west of the Rocky Mountains. In 2013, the Bank began an expansion into the San Francisco Bay Area with new full-service branches in Walnut Creek and Concord. In early 2018, a loan production office opened in Napa, which converted to a full-service branch in September 2018. The Bank offers a full complement of loan, deposit, equipment leasing and treasury management products to businesses, as well as a full suite of consumer banking products. The FDIC awarded F&M Bank the highest possible rating of “Outstanding” in their CRA evaluation. Farmers & Merchants Bancorp has paid dividends for 86 consecutive years and we have increased dividends for 56 consecutive years. As a result, we are a member of a select group of only 30 publicly traded companies referred to as “Dividend Kings.” Additionally, the Bank has maintained a 5-Star rating from BauerFinancial for 29 consecutive years, longer than any other commercial bank in the state of California. For more information about Farmers & Merchants Bancorp and F&M Bank, visit fmbonline.com.

Forward-Looking Statements

Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties, including the continued impact of COVID-19. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, balance sheet management, levels of net interest margin, the ability to control costs and expenses, interest rate changes, the competitive environment, financial and regulatory policies of the United States government, water management issues in California and general economic conditions. Additional information on these and other factors that could affect financial results are included in our Securities and Exchange Commission filings. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained herein to reflect future events or developments.

Contact

Farmers & Merchants Bancorp
Stephen W. Haley, 209-367-2411
Executive Vice President and Chief Financial Officer
[email protected]



State Auto Financial Declares 118th Consecutive Quarterly Dividend

State Auto Financial Declares 118th Consecutive Quarterly Dividend

COLUMBUS, Ohio–(BUSINESS WIRE)–
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 29, 2020, to shareholders of record at the close of business on Dec. 16, 2020. This is the 118th consecutive quarterly cash dividend declared by the company’s board since STFC had its initial public offering of common stock in 1991.

About State Auto Financial Corporation

State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. STFC stock is traded on the NASDAQ Global Select Market, which represents the top fourth of all NASDAQ listed companies.

The insurance subsidiaries of State Auto Financial Corporation are part of the State Auto Group. The State Auto Group markets its insurance products throughout the United States, through independent insurance agencies, which include retail agencies and wholesale brokers. The State Auto Group is rated A- (Excellent) by the A.M. Best Company and includes State Automobile Mutual, State Auto Property & Casualty, State Auto Ohio, State Auto Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill Insurance, Plaza Insurance, American Compensation and Bloomington Compensation. Additional information on State Auto Financial Corporation and the State Auto Insurance Companies can be found online at http://www.StateAuto.com/STFC.

Investor contact: Natalie Schoolcraft, [email protected], 614.917.4341

Media contact: Kyle Anderson, [email protected], 614.917.5497

KEYWORDS: United States North America Ohio Indiana Kentucky

INDUSTRY KEYWORDS: Insurance Professional Services

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ATSG to Webcast its Investor Presentation at the 2020 Stephens Investment Conference

ATSG to Webcast its Investor Presentation at the 2020 Stephens Investment Conference

WILMINGTON, Ohio–(BUSINESS WIRE)–
Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation on Wednesday, November 18, 2020, at 8:00 a.m. Eastern time at the virtual 2020 Stephens Investment Conference.

Rich Corrado, president and chief executive officer, and Quint Turner, chief financial officer, will discuss the company’s business model and its strategy as the leading independent provider of converted Boeing 767 freighter aircraft, with a full range of complementary services.

They also will review recent developments, including the company’s third-quarter 2020 financial results, recent Boeing 767 freighter aircraft leasing agreements, and its outlook for additional leases in 2021.

ATSG will offer a live audio webcast of its “fireside chat” discussion with Stephens analyst Jack Atkins via a link on its website, www.atsginc.com. The webcast will be available via the same site for 10 days.

About ATSG

ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, through its leasing and airline subsidiaries, is the world’s largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including three airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, passenger ACMI and charter services, aircraft maintenance services and airport ground services. ATSG’s subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Airborne Maintenance and Engineering Services, Inc., including its subsidiary, Pemco World Air Services, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Omni Air International, LLC. For more information, please see www.atsginc.com.

Quint O. Turner, ATSG Inc. Chief Financial Officer

937-366-2303

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Air Transport Logistics/Supply Chain Management Transportation Travel Other Transport

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Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

SAN FRANCISCO–(BUSINESS WIRE)–
Wells Fargo & Company (NYSE: WFC) today announced dividends on 13 series of preferred stock.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201113005593/en/

Financial documents (Photo: Wells Fargo).

Financial documents (Photo: Wells Fargo).

A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $325.00 per share was declared on its 5.20% noncumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share. This dividend equals $0.325 per depositary share, each representing a 1/1,000 interest in a share of Series N preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrN”. The Series N dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $320.31 per share was declared on its 5.125% noncumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share. This dividend equals $0.32031 per depositary share, each representing a 1/1,000 interest in a share of Series O preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrO”. The Series O dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $328.13 per share was declared on its 5.25% noncumulative perpetual class A preferred stock, Series P, liquidation preference $25,000 per share. This dividend equals $0.32813 per depositary share, each representing a 1/1,000 interest in a share of Series P preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrP”. The Series P dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $365.63 per share was declared on its 5.85% fixed-to-floating, noncumulative perpetual class A preferred stock, Series Q, liquidation preference $25,000 per share. This dividend equals $0.36563 per depositary share, each representing a 1/1,000 interest in a share of Series Q preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrQ”. The Series Q dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $414.06 per share was declared on its 6.625% fixed-to-floating, noncumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share. This dividend equals $0.41406 per depositary share, each representing a 1/1,000 interest in a share of Series R preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrR”. The Series R dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $375.00 per share was declared on its 6.00% noncumulative perpetual class A preferred stock, Series T, liquidation preference $25,000 per share. This dividend equals $0.375 per depositary share, each representing a 1/1,000 interest in a share of Series T preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrT”. The Series T dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $375.00 per share was declared on its 6.00% noncumulative perpetual class A preferred stock, Series V, liquidation preference $25,000 per share. This dividend equals $0.375 per depositary share, each representing a 1/1,000 interest in a share of Series V preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrV”. The Series V dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $356.25 per share was declared on its 5.70% noncumulative perpetual class A preferred stock, Series W, liquidation preference $25,000 per share. This dividend equals $0.35625 per depositary share, each representing a 1/1,000 interest in a share of Series W preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrW”. The Series W dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $343.75 per share was declared on its 5.50% noncumulative perpetual class A preferred stock, Series X, liquidation preference $25,000 per share. This dividend equals $0.34375 per depositary share, each representing a 1/1,000 interest in a share of Series X preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrX”. The Series X dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $351.56 per share was declared on its 5.625% noncumulative perpetual class A preferred stock, Series Y, liquidation preference $25,000 per share. This dividend equals $0.35156 per depositary share, each representing a 1/1,000 interest in a share of Series Y preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrY”. The Series Y dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $296.88 per share was declared on its 4.75% noncumulative perpetual class A preferred stock, Series Z, liquidation preference $25,000 per share. This dividend equals $0.29688 per depositary share, each representing a 1/1,000 interest in a share of Series Z preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrZ”. The Series Z dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

A quarterly cash dividend of $153.40 per share was declared on its 4.70% noncumulative perpetual class A preferred stock, Series AA, liquidation preference $25,000 per share. This dividend equals $0.15340 per depositary share, each representing a 1/1,000 interest in a share of Series AA preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrA”. The Series AA dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.92 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment, and mortgage products and services, as well as consumer and commercial finance, through 7,200 locations, more than 13,000 ATMs, the internet (wellsfargo.com), and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations.

News Release Category: WF-CF

Media

Ancel Martinez, 415-222-3858

[email protected]

Investor Relations

John Campbell, 415-396-0523

[email protected]

KEYWORDS: United States North America Canada California

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Financial documents (Photo: Wells Fargo).

Ford’s Kumar Galhotra to Describe Customer, Company Benefits of Commercial Vehicle Ecosystem at Barclays Automotive Conference Nov. 19

Ford’s Kumar Galhotra to Describe Customer, Company Benefits of Commercial Vehicle Ecosystem at Barclays Automotive Conference Nov. 19

DEARBORN, Mich.–(BUSINESS WIRE)–
Kumar Galhotra, president of Ford’s Americas and International Markets Group, is scheduled to speak at the Barclays Global Automotive Conference on Nov. 19.

Galhotra will provide an update on key launches and will discuss how Ford’s commercial vehicle ecosystem – highlighted by all-electric versions of the E-Transit van, unveiled Nov. 12, and F-150 pickup truck – will deliver new forms of value for customers and drive growth for Ford.

E-Transit is part of a Ford investment in electrification of more than $11.5 billion through 2022. The all-new, all-electric Mustang Mach-E begins arriving later this year, while the all-electric F-150 starts hitting dealers in mid-2022. In North America, Ford is the first full-line automaker to announce plans to produce both an all-electric full-size pickup truck and a full-size van for customers – including fleet owners.

“Ford is North America and Europe’s commercial truck and van leader, so the transition of fleet vehicles to zero emissions, especially for the fast-growing last-mile delivery segment, is critical to achieve our carbon neutrality goal by 2050,” said Jim Farley, Ford president and CEO. “Ford is ready to lead the charge, starting with the all-electric Transit and all-electric F-150 on the way. This is good for the planet and a huge advantage for customers to help lower their operating costs and provide connected fleet management technologies that will help their businesses.”

Galhotra’s presentation will begin at 2:05 p.m. ET and be followed by a question-and-answer session. Webcast information is available here and at shareholder.ford.com.

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. Ford employs approximately 187,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit corporate.ford.com.

Equity Investment Community:

Lynn Antipas Tyson

914.485.1150

[email protected]

Fixed Income Investment Community:

Karen Rocoff

313.621.0965

[email protected]

Shareholder Inquiries:

1.800.555.5259 or 313.845.8540

[email protected]

Media:

Ford Media Center

[email protected]

KEYWORDS: Michigan United States North America

INDUSTRY KEYWORDS: Alternative Vehicles/Fuels Automotive Manufacturing Manufacturing General Automotive Automotive

MEDIA:

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