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

Pittsburgh , oct. 2, 2023 /prnewswire/ -- the pnc financial services group, inc. (nyse: pnc) today announced the redemption on nov. 1, 2023, of $1,000,000,000 of depositary shares (cusip: 693475ak1) (the "depositary shares") representing interests in pnc's fixed-to-floating rate non-cumulative perpetual preferred stock, series o (the "series o preferred stock"). each depositary share represents a 1/100th interest in a share of the series o preferred stock.
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