Dividends & Buybacks ·
The Bank of New York Mellon Corporation announced the redemption of all 10,000 outstanding shares of its Series F…
BK-PKBank of New York Mellon Corp
The Bank of New York Mellon Corporation announced the redemption of all 10,000 outstanding shares of its Series F Noncumulative Perpetual Preferred Stock and 1,000,000 corresponding depositary shares. The redemption is scheduled for September 20, 2026, with payment made on September 21, 2026. The redemption price is $1,000 per depositary share, equivalent to $100,000 per preferred share. This amount excludes any accrued dividends payable on the same date. Following the redemption, these securities will cease to be outstanding and dividends will no longer accrue. BNY operates in the global financial services industry, providing custody, asset management, and treasury services.