TORONTO, Dec. 6, 2012 /CNW/ - CIBC (TSX: CM; NYSE: CM) announced today that
its board of directors declared a dividend of 94 cents per share on common
shares for the quarter ending January 31, 2013 payable on January 28, 2013 to
shareholders of record at the close of business on December 28, 2012.
Class A Preferred Shares
The board of directors also declared the following dividends per share:
For the quarter ending January 31, 2013 payable on January 28, 2013 to
shareholders of record at the close of business on December 28, 2012:
Series 26 - $0.359375
Series 27 - $0.350000
Series 29 - $0.337500
Series 33 - $0.334375
Series 35 - $0.406250
Series 37 - $0.406250
Under the CIBCShareholder Investment Plan (the "Plan"),CIBC offers the
Dividend Reinvestment Optionfor Canadian residentsand the Stock Dividend
Option forUS residents, to reinvest and receive dividends, respectively, on
their CIBC common shares and preferred shares in the form of CIBC common
shares. Canadian resident shareholders may also purchase additional common
shares under the Share Purchase Option.
CIBC determines whether common shares for the Plan are purchasedin the
secondary market or issued from treasury. CIBC has decided to purchase shares
in the secondary market starting with the dividend payable on January 28, 2013
to common and preferred shareholders of record at the close of business on
December 28, 2012. For the Share Purchase Option, this change will be
effective February 1, 2013.
Mary Lou Frazer, Senior Director, Communications and Public Affairs,
416-980-4111 or Geoff Weiss, Vice-President, Investor Relations, 416-980-5093.
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CO: CIBC - Investor Relations
NI: FIN DIV
-0- Dec/06/2012 10:52 GMT
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