State Street (STT) has released an update to notify the public and investors about corporate charter and bylaws modifications.
On January 30, 2024, State Street Corporation amended its Articles of Organization to establish the specifics of its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I, which includes designations, preferences, limitations, and rights, and carries a liquidation preference of $100,000 per share.
For further insights into STT corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
