Umb financial corporation announces full redemption of its series a preferred stock; nasdaq umbfp

Kansas city, mo.--(business wire)--umb financial corporation (the “company”) (nasdaq: umbf), a financial services company, announced today that it will redeem all outstanding shares of the company's 7.00% fixed-rate reset non-cumulative perpetual preferred stock, series a, $0.01 par value per share (“series a preferred stock”). all 11,500 outstanding shares of the series a preferred stock (cusip: 902788 306) will be redeemed at a price of $10,000 per share of preferred stock on the dividend pay.
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