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

Company: Bank of New York Mellon Corp
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 10
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Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds.

(c)    The following table discloses repurchases of our common stock made in the third quarter of 2025.  All of the Company’s preferred stock outstanding has preference over the Company’s common stock with respect to the payment of dividends.

Issuer purchases of equity securities

Share repurchases – third quarter of 2025Total shares repurchased as part of a publicly announced plan or programMaximum approximate dollar value of shares that may yet be purchased 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-L