8-KFiled Aug 19, 8:00 PM ET

Bank of New York Mellon Redeems Series F Preferred Shares

$BNY · Bank of New York Mellon Corp

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Bank of New York Mellon Redeems Series F Preferred Shares

What Happened

  • The Bank of New York Mellon Corporation announced on August 20, 2026 (via an 8-K and attached press release) that it will redeem 10,000 shares of its Series F Noncumulative Perpetual Preferred Stock and all corresponding depositary shares on September 20, 2026. Each depositary share represents a 1/100th interest in a share of the Series F Preferred Stock.

Key Details

  • Redemption announced: August 20, 2026 (filing date).
  • Redemption date: September 20, 2026.
  • Shares affected: 10,000 shares of Series F Noncumulative Perpetual Preferred Stock and all related depositary shares (each depositary share = 1/100th of a preferred share).
  • Press release attached as Exhibit 99.1 to the 8-K for additional specifics.

Why It Matters

  • For holders of the Series F preferred or the corresponding depositary shares, the redemption means those securities will be cashed out on the stated redemption date and will no longer be outstanding after redemption. The filing does not disclose further financial terms or the redemption price in the 8-K; holders should review the attached press release (Exhibit 99.1) or contact the company for redemption mechanics and payment details.
  • For other investors, this is a targeted capital-structure action affecting a limited class of preferred/depositary shares; the 8-K does not report changes to common equity, earnings, or executive leadership.