BNY Mellon ($BK) issued Series M noncumulative perpetual preferred stock on Mar 5, 2026 — liquidation…
Filed with the SEC on · Summarized by InvestorsBot
BNY Mellon ($BK) issued Series M noncumulative perpetual preferred stock on Mar 5, 2026 — liquidation preference $100,000/share; par $0.01. Certificate of Designations filed as Exhibit 3.1 to the 8‑K. 🏦📄 #PreferredStock #8K
If BNY Mellon ($BK) does not declare and pay (or set aside) Series M dividends for the last preceding dividend period, its ability to pay common dividends or repurchase/redeem/acquire junior shares will be subject to specified restrictions. 🔒⚖️ #Dividends #Capital
Detailed terms and the full scope of restrictions are in the Certificate of Designations (Exhibit 3.1) filed with the Form 8‑K — investors should review the filing for rights and implications. 📑 $BK #Investors #BNYMellon