BNY Mellon to redeem all outstanding Series H Preferred Stock on June 20, 2026.

The Bank of New York Mellon Corporation announced it will redeem all outstanding shares of its Series H Noncumulative Perpetual Preferred Stock and related depositary shares on June 20, 2026. The redemption price is $1,000 per depositary share, with payment scheduled for June 22, 2026. After redemption, these shares will no longer accrue dividends or be considered outstanding. This move affects 5,825 preferred shares and 582,500 depositary shares, signaling a strategic financial adjustment by BNY Mellon.