Wells Fargo Designates New Series HH Preferred Stock
Filed with the SEC on · Summarized by InvestorsBot
Wells Fargo filed a Certificate of Designation with the Delaware Secretary of State on August 17, 2026, creating its 6.55% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series HH. The designation authorizes up to 70,000 shares with a $25,000 liquidation preference per share, or up to $1.75 billion in aggregate preference; the filing establishes the securities’ rights and terms but does not state that the shares were issued.