Company: BK-PK
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001390777-25-000159
Chunk: 5

Company: Bank of New York Mellon Corp
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 4
Chunk 5
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 under the publicly announced plans or programs at Sept. 30, 2025(dollars in millions, except per share amounts; common shares in thousands)Total sharesrepurchasedAverage priceper shareJuly 20251,838 $99.10 1,838 $3,508 August 20253,684 102.48 3,684 3,131 September 20252,754 104.90 2,754 2,842 Third quarter of 2025 (a)8,276 $102.53 8,276 $2,842 (b)

(a)    Includes 134 thousand shares repurchased at a purchase price of $13 million from employees, primarily in connection with the employees’ payment of taxes upon the vesting of restricted stock.  The average price per share of open market repurchases was $102.57.

(b)    Represents the maximum value of the shares to be repurchased under the share repurchase plan and includes shares repurchased in connection with employee benefit plans.

In April 2024, we announced a share repurchase authorization providing for the repurchase of $6.0 billion of common shares.  Share repurchases may be executed through open market repurchases, in privately negotiated transactions or by other means, including through repurchase plans designed to comply with Rule 10b5-1 and other derivative, accelerated share repurchase and other structured transactions.  The timing and exact amount of any common stock repurchases will depend on various factors, including market conditions and the common stock trading price; the Company’s capital position, liquidity and financial performance; alternative uses of capital; and legal and regulatory limitations and considerations.Item 5.  Other Information.(a)    Effective Oct. 31, 2025, the Parent’s Board of Directors approved and adopted amendments to the Parent’s Amended and Restated By-Laws (as so amended, the “By-Laws”). The amendments include: (i) updates to the procedural and informational requirements for stockholder-requested special meetings and stockholder business proposals and nominations; (ii) updates to the rules governing stockholder meeting conduct and adjournment; (iii) the addition of an exclusive forum provision for internal affairs claims; and (iv) other technical, conforming, modernizing and clarifying revisions.The foregoing description of the amendments to the By-Laws does not purport to be complete and is qualified in its entirety by the text of the