8-KItem 3.03 · Security Rights ModificationItem 5.03 · Bylaws AmendmentItem 8.01 · Other EventsItem 9.01 · Financial Statements
Citizens Financial issues Series J preferred stock with dividend restrictions
Filed with the SEC on · Summarized by InvestorsBot
Citizens Financial Group issued 6.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series J, on July 30, 2026, with a $1,000 liquidation preference per share. If the company does not declare and pay dividends on the Series J stock, it may face restrictions on common-stock dividends, buybacks and other junior securities; partial dividends may also limit dividends on equally ranked preferred stock.