other material
confidence high
sentiment neutral
materiality 0.40
BNY redeems all Series H Preferred Stock and depositary shares for $582.5M
Bank of New York Mellon Corp
- Redeems 5,825 shares of Series H Noncumulative Perpetual Preferred Stock and 582,500 depositary shares.
- Redemption price: $1,000 per depositary share (total ~$582.5M), payable June 22, 2026.
- Redemption date: June 20, 2026; dividends still paid to holders of record on that date.
- All depositary shares held through DTC; beneficial holders should contact their broker.