Summary
MetLife, Inc. (MET) announced on September 2, 2025, via an 8-K filing, its intention to redeem all outstanding shares of its 3.850% fixed rate reset non-cumulative preferred stock, Series G. This redemption will occur on September 15, 2025, with each share being bought back at its liquidation preference of $1,000 per share. Investors holding Series G Preferred Stock should note that the final semi-annual dividend of $19.250 per share will be paid on the redemption date, September 15, 2025, to shareholders of record as of August 29, 2025. This dividend is separate from and not included in the $1,000 redemption price.
Key Highlights
- 1MetLife is redeeming all outstanding shares of its 3.850% fixed rate reset non-cumulative preferred stock, Series G.
- 2The redemption date is set for September 15, 2025.
- 3The redemption price is $1,000 per share, equivalent to the liquidation preference.
- 4The final semi-annual dividend of $19.250 per share will be paid on September 15, 2025.
- 5The dividend payment is for shareholders of record as of August 29, 2025.
- 6The dividend payment is not part of the $1,000 redemption price.