The Canadian Imperial Bank of Commerce (TSX: CM ) has announced that it will redeem for $CDN26.00 cash per share all of the outstanding shares of its Non-Cumulative Class A Preferred Shares, Series 32 (TSX: CM.PR.J ) at the close on April 30, 2012. The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index after the close of trading on Monday, April 30, 2012.