The Toronto Stock Exchange reports that Canadian Imperial Bank of Commerce's non-cumulative rate reset Class A preferred shares, Series 43 (non-viability contingent capital (NVCC)) (symbol CM.PR.Q), will be delisted at the close on July 31, 2025. According to the TSX, CIBC will redeem the Series 43 shares on July 31, 2025, for $25 per share.

The final quarterly dividend of 19.6438 cents per Series 43 share, covering the period from May 1, 2025, to July 31, 2025, will be paid in the usual manner on July 28, 2025, to holders of record on June 27, 2025. This dividend will be paid separately from the redemption price.

In order to receive the redemption price in respect of the preferred shares, holders must surrender the certificates representing such preferred shares, together with a duly completed and executed letter of transmittal, at the principal offices of TSX Trust Company in Toronto.

For more information, see CIBC's news release dated June 24, 2025.