other material
confidence high
sentiment neutral
materiality 0.40
BNY Mellon to redeem all 1,000,000 depositary shares of Series G Preferred on Sept 20, 2025 at $1,000 each
Bank of New York Mellon Corp
- Redemption covers 10,000 shares of Series G Preferred and 1,000,000 depositary shares outstanding.
- Redemption price per depositary share is $1,000 (total ~$1B); payment on Sept 22, 2025.
- Dividends will cease after the redemption date of September 20, 2025.
- Depositary shares are held in book-entry through DTC; beneficial holders must contact their bank or broker.