PNC Financial Services 8-K
All Series S preferred depositary shares will be redeemed; holders also receive declared but unpaid dividends.
Filed 2026-09-29 08:22 ET
- 8.01 Other Events
- 9.01 Financial Statements and Exhibits
Summary
Redemption of all Series S preferred depositary shares. PNC will redeem the outstanding shares on 11/02/2026; holders will receive the redemption price, plus any declared but unpaid dividends.
Key Figures
- $525M total redemption covering all 525,000 outstanding depositary shares, at $1,000 per share. The redemption price excludes declared but unpaid dividends, which will be paid on the redemption date.
- Redemption scheduled for 11/02/2026, shifted from 11/01/2026 because that date is a non-business day.
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