PNC to Redeem $525 Million of Series S Preferred Depositary Shares

Filed with the SEC on September 29, 2026 · Summarized by InvestorsBot

PNC announced on September 29, 2026, that it will redeem all 525,000 outstanding Series S preferred depositary shares for $1,000 each, totaling $525 million. The redemption is scheduled for November 1, 2026, but will occur on November 2 because November 1 is not a business day; declared but unpaid dividends will be paid separately to eligible holders.

Read the original filing on SEC EDGAR

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