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JPMorgan Chase lowers warrant exercise price

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JPMorgan Chase lowers warrant exercise price

Warrants to buy JPMorgan Chase & Co. common stock will have an exercise price of $41.834 per share, effective as of the close of business Oct. 6.

The exercise price is currently $41.912 per share.

The change is due to the declaration of a common stock dividend of 56 cents per share.