Bank of New York Mellon Eliminates Series F Preferred Stock
$BNY · Bank of New York Mellon CorpResearch Summary
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Bank of New York Mellon Eliminates Series F Preferred Stock
What Happened
The Bank of New York Mellon Corporation filed a Certificate of Elimination with the Delaware Secretary of State on September 22, 2026 that removes all provisions related to its Series F Noncumulative Perpetual Preferred Stock from its Restated Certificate of Incorporation. The filing is effective upon submission and follows the redemption of all outstanding Series F shares on September 20, 2026.
Key Details
- Certificate of Elimination filed with Delaware on September 22, 2026 (effective upon filing).
- All outstanding shares of Series F Noncumulative Perpetual Preferred Stock were redeemed on September 20, 2026.
- The Certificate of Elimination relating to Series F is filed as Exhibit 3.1 to the company’s Form 8‑K.
- The report was signed and filed by the company’s secretary on September 22, 2026.
Why It Matters
For investors, this confirms that the company no longer has any outstanding Series F preferred shares and that the corresponding charter provisions have been formally removed. That means no future obligations under the eliminated Series F provisions will remain, which simplifies the company’s capital structure with respect to that series. The item is procedural and follows the prior redemption; it does not itself report earnings, management changes, or other operational results.