Huntington to redeem all series D non-cumulative preferred stock

Chicago, June 10 – Huntington Bancshares Inc. announced that it will redeem all 24 million outstanding depositary shares representing a 1/40th interest in a share of the company’s 6.25% series D non-cumulative perpetual preferred stock, according to a press release.

The depositary shares will be redeemed at par of $25.00 plus unpaid dividends of $0.390625 per depositary share (or $15.625 per share of series D preferred stock).

The shares will be redeemed on July 15.

Huntington is a Columbus, Ohio-based bank holding company.

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