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Huntington Bancshares logoHuntington Bancshares HBAN

The company said its Board declared a quarterly cash dividend of $0.155 per common share, unchanged from the prior quarter. The dividend is payable on October 1, 2024 to shareholders of record as of September 17, 2024.

8-KAmendments to Articles of Incorporation or Bylaws; Change in Fiscal YearFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its Board declared a quarterly cash dividend of $0.155 per common share, unchanged from the prior quarter. The dividend is payable on October 1, 2024 to shareholders of record as of September 17, 2024.

  2. Huntington Bancshares said its Board declared quarterly cash dividends on 6 series of preferred stock, payable on October 15, 2024 to shareholders of record on October 1, 2024. The Series E dividend is $2,157.65 per share ($21.5765 per depositary receipt share), and 5.70% Series E is the dividend rate referenced.

  3. The company said its Board amended and restated the Bylaws on July 17, 2024, effective the same day. The amended Bylaws removed the director retirement age limit, while the 75-year retirement age limit remains in the Corporate Governance Guidelines.

  4. The company said the amended Bylaws added a new provision in Article IX on July 17, 2024. The provision designates the federal district courts of the United States as the sole and exclusive forum for claims arising under the Securities Act of 1933.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Quarterly common dividend of $0.155 per share

The company said its Board declared a quarterly cash dividend of $0.155 per common share, unchanged from the prior quarter. The dividend is payable on October 1, 2024 to shareholders of record as of September 17, 2024.

Source · Based on the filing body and exhibits

Quarterly dividends declared on 6 preferred series

Huntington Bancshares said its Board declared quarterly cash dividends on 6 series of preferred stock, payable on October 15, 2024 to shareholders of record on October 1, 2024. The Series E dividend is $2,157.65 per share ($21.5765 per depositary receipt share), and 5.70% Series E is the dividend rate referenced.

Source · Based on the filing body and exhibits

Bylaws remove director retirement age limit

The company said its Board amended and restated the Bylaws on July 17, 2024, effective the same day. The amended Bylaws removed the director retirement age limit, while the 75-year retirement age limit remains in the Corporate Governance Guidelines.

Source · Based on the filing body and exhibits

Exclusive federal forum provision added for Securities Act claims

The company said the amended Bylaws added a new provision in Article IX on July 17, 2024. The provision designates the federal district courts of the United States as the sole and exclusive forum for claims arising under the Securities Act of 1933.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.