Company: MTB-PJ
Filing Date: 2025-10-31
Form Type: 8-K
Source: 0001193125-25-260717
Chunk: 3

Company: M&T BANK CORP
Filing Date: 2025-10-31
Form: 8-K
Item: Item 5.03
Chunk 3
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 to $10,000 per share (equivalent to $25 per Depositary Share), together with an amount equal to any dividends that have been declared but not paid prior to the redemption date.

The Series K Preferred Stock has voting rights only with respect to the following: amending M& T’s certificate of incorporation to authorize or increase stock ranking senior to the Series K Preferred Stock; amending M& T’s certificate of incorporation to effect certain changes in terms of the Series K Preferred Stock; consummating certain share exchanges, reclassifications, mergers or consolidations of M& T; electing directors following certain dividend non-payments; and as otherwise required by applicable law. Holders of Depositary Shares must act through Computershare Inc. and Computershare Trust Company, N. A., jointly as the depositary for the Depositary Shares, to exercise any voting rights of the Series K Preferred Stock.

The terms of the Series K Preferred Stock are more fully described in the Certificate of Amendment, a copy of which is attached hereto as Exhibit 3.1 and is incorporated herein by reference. This summary does not purport to be complete and is qualified in its entirety by reference to the Certificate of Amendment.

  ITEM 8.01.      OTHER EVENTS.  

On October 31, 2025, M& T completed the public offering pursuant to the Underwriting Agreement of 18,000,000 Depositary Shares each representing a 1/400th interest in a share of the Series K Preferred Stock. The Series K Preferred Stock has been registered under the Securities Act of 1933, as amended, by a registration statement on Form S-3ASR(File No. 333-274646).

  ITEM 9.01.      FINANCIAL STATEMENTS AND EXHIBITS.  

(d) Exhibits.

  Exhibit      Description of Exhibit                                                                                                                                                                                
                                                                                                                                                                                                                     
      No.                                                                                                                                                                                                            
      1.1      Underwriting Agreement, dated as of October 28, 2025, by and between M& T Bank Corporation and RBC Capital Markets, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, UBS Securities LLC, and...  
      3.1      Certificate of Amendment to Restated Certificate of Incorporation of M& T Bank Corporation, with respect to Perpetual 6.350% Non-Cumulative Preferred Stock, Series K, filed with the New York De...  
      4.1      Deposit Agreement