June 2, 2014
(TSX: CM) (NYSE: CM) today announced its intention to redeem all of its issued and outstanding Non-cumulative Rate Reset Class A Preferred Shares Series 33 (TSX: CM.PR.K), and Non-cumulative Rate Reset Class A Preferred Shares Series 37 (TSX: CM.PR.M), for cash. The redemptions will occur on
July 31, 2014.
The redemption price is
per Series 33 or Series 37 share.
The quarterly dividends of
per Series 33 share and
per Series 37 share, announced on
May 29, 2014
will be the final dividends for these two series. These dividends will be paid on
July 28, 2014
to shareholders of record on
June 27, 2014
Holders of the Series 33 and Series 37 shares should contact the financial institution, broker or other intermediary through which they hold the shares to confirm how they will receive their redemption proceeds.
CIBC is a leading Canadian-based global financial institution with nearly 11 million personal banking and business clients. Through our three major business units - Retail and Business Banking, Wealth Management and Wholesale Banking - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across
with offices in
the United States
and around the world. You can find other news releases and information about CIBC in our Media Centre on our corporate website at