other material
confidence high
sentiment neutral
materiality 0.60
BNY to redeem all 1,000,000 Series F depositary shares at $1,000 each on Sept 20, 2026
Bank of New York Mellon Corp
- Redemption of all 10,000 Series F Noncumulative Perpetual Preferred shares and 1,000,000 depositary shares.
- Redemption price: $1,000 per depositary share (equivalent to $100,000 per preferred share); total ~$1B.
- Redemption date Sept 20, 2026; payment on Sept 21, 2026; dividends cease after redemption date.
- All shares held through DTC; Computershare serves as depositary/transfer agent.