Pnc announces redemption of all depositary shares representing interests in series r preferred stock

Pittsburgh , oct. 30, 2024 /prnewswire/ -- the pnc financial services group, inc. (nyse: pnc) today announced the redemption on dec. 2, 2024, of $500,000,000 of depositary shares (cusip: 693475am7) (the "depositary shares") representing interests in pnc's fixed-to-floating rate non-cumulative perpetual preferred stock, series r (the "series r preferred stock"). each depositary share represents a 1/100th interest in a share of the series r preferred stock.
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