secwatch.observer — SEC 8-K summary
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Issuer:     PNC FINANCIAL SERVICES GROUP, INC. (PNC)
CIK:        0000713676
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000713676-24-000078
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PNC redeems $500M of Series R Preferred Depositary Shares on Dec 2, 2024
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- Redeems all 500,000 outstanding Depositary Shares ($500M principal) of Series R Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock.
- Redemption date Dec. 2, 2024, at $1,000 per Depositary Share.
- Regular quarterly dividend not included in redemption price; paid separately on same date.
- Shares held through DTC; Computershare is the depositary for payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/713676/000071367624000078/0000713676-24-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/713676/000071367624000078/pnc-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000713676-24-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer