CMTV completes redemption of 15 Series A preferred shares at $100,814.38
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Community Bancorp (CMTV) redeemed its Series A preferred stock. On November 10, 2025, the company completed the optional redemption of all 15 outstanding shares of its Series A Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock at a per-share redemption price of $100,814.38. The price reflects the $100,000 per-share liquidation value plus the accrued quarterly dividend through the redemption date.
The company stated it expects to continue to satisfy applicable regulatory capital guidelines following the redemption.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
FAQ
What did Community Bancorp (CMTV) announce?
The company completed the optional redemption of all 15 outstanding shares of its Series A Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.
What does the redemption price comprise for CMTV's Series A preferred?
It comprises the $100,000 per-share liquidation amount plus accrued quarterly dividends through the redemption date.
Did Community Bancorp comment on capital ratios after redemption?
Yes. The company expects to continue to satisfy applicable regulatory capital guidelines after the redemption.
