secwatch.observer — SEC 8-K summary
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Issuer:     M&T BANK CORP (MTB)
CIK:        0000036270
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001193125-24-137273
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M&T Bank issues 30M depositary shares of 7.500% Series J Preferred Stock
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- Offering of 30M depositary shares, each representing 1/400th interest in Series J Preferred Stock, completed May 13, 2024.
- Series J carries 7.500% non-cumulative dividend, $25 per depositary share liquidation preference ($10,000 per preferred share).
- Dividends payable quarterly starting Sept 15, 2024; stock perpetual, redeemable on or after June 15, 2029.
- Underwriting syndicate includes Morgan Stanley, BofA, J.P. Morgan, RBC, UBS, and Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36270/000119312524137273/0001193125-24-137273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36270/000119312524137273/d800336d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-137273

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