WesBanco to Redeem All Series A Preferred Stock and Depositary Shares on November 15, 2025

Reuters11-04
WesBanco to Redeem All Series A Preferred Stock and Depositary Shares on November 15, 2025

WesBanco Inc. has announced that it will redeem all outstanding shares of its 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, along with all associated depositary shares. The redemption will occur on November 15, 2025, at a price of $1,000 per preferred share, or $25.00 per depositary share. The redemption will be funded with proceeds from WesBanco's recent public offering of depositary shares for its new 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B. Following the redemption, the Series A preferred stock and related depositary shares will no longer be outstanding or traded, and dividends will cease to accrue. Holders of record as of November 1, 2025, will receive the final quarterly dividend separately on the redemption date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WesBanco Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE14153) on November 04, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment