Business Context and Reporting Period
This Form 8-K Current Report was filed by Capital One Financial Corporation on December 1, 2021. The report addresses corporate governance actions regarding the company's capital structure, specifically the elimination of certain preferred stock series.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate action rather than periodic financial performance results.
Material Changes
- Preferred Stock Redemption: On December 1, 2021, the Company redeemed all outstanding shares of its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series G and Series H.
- Corporate Charter Amendment: The Company filed Certificates of Elimination with the Delaware Secretary of State to remove the designations for Series G and Series H Preferred Stock from its Restated Certificate of Incorporation.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is a procedural notification of the completed redemption and subsequent charter amendments.
Investor Verification Checklist
- Confirm the full redemption of Series G and Series H Preferred Stock occurred on December 1, 2021.
- Verify the filing of the Certificates of Elimination (Exhibits 3.1 and 3.2) with the State of Delaware.
- Review the company's remaining capital structure to ensure Series G and H are no longer listed as outstanding securities.