Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 343

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 343
---
 within common, preferred and treasury stock for the years ended:Common StockPreferred StockTreasury Stock($ in millions, except share data)ValueSharesValueSharesValueSharesDecember 31, 2021$2,051 923,892,581 $2,116 278,000$(7,024)241,114,917 Shares acquired for treasury— — — — (100)3,079,462 Impact of stock transactions under stock    compensation plans, net— — — — 21 (3,687,834)Other— — — — — 156 December 31, 2022$2,051 923,892,581 $2,116 278,000$(7,103)240,506,701 Shares acquired for treasury— — — — (201)5,589,996 Impact of stock transactions under stock    compensation plans, net— — — — 42 (3,328,926)December 31, 2023$2,051 923,892,581 $2,116 278,000$(7,262)242,767,771 Shares acquired for treasury— — — —(630)15,043,170 Impact of stock transactions under stock    compensation plans, net— — — — 52 (3,772,190)December 31, 2024$2,051 923,892,581 $2,116 278,000$(7,840)254,038,751 Preferred Stock—Series LOn July 30, 2020, the Bancorp issued in a registered public offering 350,000 depositary shares, representing 14,000 shares of 4.50% fixed-rate reset non-cumulative perpetual preferred stock, Series L, for net proceeds of approximately $346 million. Each preferred share has a $25,000 liquidation preference. The preferred stock accrues dividends on a non-cumulative basis at an annual rate of 4.50% through but excluding September 30, 2025. From, and including, September 30, 2025 and for each dividend reset period thereafter, dividends will accrue on the Series L preferred stock, on a non-cumulative basis, at a rate equal to the five-year U