Equitable Holdings, Inc. announced on September 15, 2025, that it will redeem all outstanding shares of its Series B Depositary Shares on September 30, 2025. These shares represent a 1/25th interest in its 4.950% Fixed Rate Reset Noncumulative Perpetual Preferred Stock, Series B.
The redemption price is set at $1,000 per Series B Depositary Share, plus declared and unpaid dividends from June 15, 2025, to, but excluding, September 30, 2025. This action follows a previously announced tender offer for these shares.
This full redemption simplifies Equitable Holdings' capital structure and demonstrates its commitment to proactive financial management. It also frees up capital that can be reallocated to other strategic initiatives or returned to common shareholders.
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