secwatch.observer — SEC 8-K summary
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Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2026-05-14T20:02:04+00:00
Accession:  0001628280-26-035060
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyCorp launches $3.0B share buyback, declares $0.205 quarterly dividend
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- Board authorized $3.0B common share repurchase program, replacing existing $1.0B authorization (~$280M remaining).
- Quarterly common dividend of $0.205 per share declared, payable June 15, 2026 to holders of record June 2, 2026.
- Shareholders approved 2026 equity compensation plan, increasing annual non-employee director comp cap from $500K to $750K.
- All 14 director nominees elected; Ernst & Young ratified as independent auditor for fiscal 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/0001628280-26-035060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/key-20260513.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-035060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer