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KeyCorp to redeem $525M preferred shares on Sept 15, paying liquidation plus dividends.

Company Fundamentals
14 Aug 2026
PRNewsWire
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KeyCorp announced it will redeem all 525,000 depositary shares of its Series D preferred stock on September 15, 2026. The redemption price is $25,312.50 per share, which includes the $25,000 liquidation preference plus accumulated unpaid dividends. This move will retire $525 million in preferred stock, ending all associated rights except the right to payment. The redemption will be handled through the Depository Trust Company and Computershare as the redemption agent.

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