BNY Mellon to redeem all 500,000 Series D preferred depositary shares at $1,000 each on Dec 20

Bank of New York Mellon Corp

Redeems all 5,000 shares of Series D Noncumulative Perpetual Preferred Stock (500,000 depositary shares).
Redemption date December 20, 2023; price $1,000 per depositary share ($100,000 per preferred share).
Total redemption payment $500 million; dividend payable on redemption date not included.
After Dec 20, shares will cease to be outstanding and dividends will no longer accrue.

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