(NYSE:BK) NEW YORK, Sept. 3, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of its...
Related Questions
What is the expected dilution effect on existing shareholders from the issuance of the depositary shares?
How does the pricing of the offering compare to the current market price of BNY's common and preferred shares, and what does that indicate about investor demand?
What are the intended uses of the $500 million proceeds, and how might they impact BNY's balance sheet, credit metrics, and earnings outlook?