The Bank of New York Mellon Corporation Eliminates Series G Noncumulative Perpetual Preferred Stock

Strategic Insights -

The Bank of New York Mellon Corporation (BNY Mellon) announced on September 23, 2025, the elimination of its Series G Noncumulative Perpetual Preferred Stock as part of its Restated Certificate of Incorporation. This move follows the redemption of all outstanding shares of the Series G Preferred Stock on September 20, 2025. The Certificate of Elimination was filed with the Secretary of State of Delaware, eliminating the Series G Preferred Stock designation and its associated provisions.

Key Takeaways:

  • The Bank of New York Mellon Corporation eliminated its Series G Noncumulative Perpetual Preferred Stock designation from its Restated Certificate of Incorporation.
  • All outstanding shares of Series G Preferred Stock were redeemed on September 20, 2025.
  • The Certificate of Elimination was filed with the Secretary of State of Delaware, effective upon filing, eliminating the Series G Preferred Stock designation.
  • The redemption of Series G Preferred Stock was completed on September 20, 2025, as previously resolved by the Board of Directors on August 11, 2025.
  • The Certificate of Designations for Series G Preferred Stock was filed with the Secretary of State of Delaware on May 15, 2020.
  • The resolution to eliminate Series G Preferred Stock designation was adopted by the Board of Directors on August 11, 2025.

Statistics:

  • Number of shares of Series G Preferred Stock: 10,000
  • Date of redemption: September 20, 2025
  • Effective date of Certificate of Elimination: Upon filing with the Secretary of State of Delaware
  • Date of filing of Certificate of Designations: May 15, 2020
  • Date of resolution adoption: August 11, 2025

Sources:

  • SEC EDGAR filing 0001390777
  • Form 8-K filing made by The Bank of New York Mellon Corporation on September 23, 2025