Huntington filed Articles Supplementary effective Feb 1, 2026 and issued 6,900 shares of Series L…
Filed with the SEC on · Summarized by InvestorsBot
Huntington filed Articles Supplementary effective Feb 1, 2026 and issued 6,900 shares of Series L Preferred, represented by 6,900,000 depositary shares. Deposit Agreement dated Jan 30, 2026 with Computershare Inc. & Computershare Trust Co., N.A. $HBAN 🏦📄 #PreferredStock #M&A
Series L ranks pari passu with Parity Stock (Series B, F, G, H, I, J, K & future par), senior to common stock, and junior to all debt and any senior preferred — important capital‑structure positioning for $HBAN investors. ⚖️💡 #Banking #CapitalStructure
While any Series L outstanding, $HBAN may not declare/pay dividends or repurchase Junior Stock, nor redeem Parity Stock during a Dividend Period unless Series L dividends are paid or funds are set aside. Dividend preference could constrain common payouts. 📉🔒 #Dividends #Investing