Equitable bank announces redemption of concentra bank class a preferred shares

Toronto , sept. 3, 2024 /prnewswire/ - equitable bank, canada's challenger bank™, today announced that its wholly-owned subsidiary, concentra bank (the "bank"), redeemed all of its issued and outstanding class a preferred shares, series 1, and class a preferred shares, series 2, on august 31, 2024 (the "redemption date"), at $25.00 per share for a total of $110,987,500, less any tax required to be deducted and withheld by the bank.
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