BNY Mellon Redeems Series G Preferred Stock

By Hao Liu • Thursday, September 11 17:09 • Permanent Link

The Bank of New York Mellon Corporation (BNY) has announced the redemption of all outstanding shares of its Series G Noncumulative Perpetual Preferred Stock and corresponding depositary shares. The redemption date for these securities is set for September 20, 2025, with the payment date scheduled for September 22, 2025. The redemption price for the Depositary Shares will equal $1,000 per Depositary Share, equivalent to $100,000 per share of Series G Preferred Stock.

As of June 30, 2025, BNY oversees $55.8 trillion in assets under custody and/or administration, and $2.1 trillion in assets under management. The company supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals.

Following these announcements, the company's shares moved 1.96%, and are now trading at a price of $106.04. Check out the company's full 8-K submission here.

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