skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. RY.PR.H: I have preferred shares RY. [Royal Bank of Canada Non-Cumulative 5-Year Rate Reset First Preferred Shares Series BB]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I have preferred shares RY.PR.H which are scheduled to reset this Aug24/24. I have not been able to find out or notified if they are to be reset or redeemed this Aug24. I hoping you can shed more info on what is happening with the shares this month. Thanks … Cal
Asked by cal on August 16, 2024
5i Research Answer:

On June 10, 2024, RY put out a press release indicating these preferreds are to be redeemed at $25 on August 24. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind