American Express launches public offering of Series E preferred depositary shares

Reuters2026/08/05 13:11

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American Express launched a proposed public offering of depositary shares tied to a new series of Fixed Rate Reset Noncumulative Preferred Shares, Series E.
Proceeds earmarked for general corporate purposes, including a potential partial or full redemption of its outstanding 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D.
Pricing, closing, any Series D redemption, size, and timing remain subject to market conditions and other factors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Express Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000004962-26-000327), on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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American Express launches public offering of Series E preferred depositary shares

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