other material
confidence high
sentiment neutral
materiality 0.50
M&T Bank redeems all 350,000 Series E preferred shares at $1,000 each on Aug 15, 2024
M&T BANK CORP
- Redemption of 350,000 shares of Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E.
- Redemption price of $1,000 per share plus accrued dividends from May 15, 2024 to redemption date.
- Shares will cease to be outstanding after August 15, 2024; no further dividends will accrue.