dividend
confidence high
sentiment neutral
materiality 0.30
Santander Holdings USA to redeem all 6,000,000 Series H depositary shares at $25.00 on Dec 15, 2026
Santander Holdings USA, Inc.
- Redeeming all 6,000 outstanding Series H preferred shares and the corresponding 6,000,000 depositary shares at $25.00 per depositary share on December 15, 2026.
- Board declared a quarterly dividend of $328.125 per preferred share ($0.328125 per depositary share), payable Dec 15, 2026 to holders of record Nov 30, 2026.
- Redemption price excludes that quarterly dividend, which is paid separately on the same December 15, 2026 date in the customary manner.
- Series H depositary shares (NYSE: SNUS PF H, CUSIP 80282 K700) are held in book-entry via DTC; Broadridge Corporate Issuer Solutions is redemption agent.
- Filing gives no reason for the redemption and names no replacement preferred security; no new issuance disclosed.