Bank of New York Mellon Corp
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
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Key third quarter 2024 and subsequent events
Acquisition of Archer Holdco, LLC (“Archer”)
In September 2024, BNY announced it had entered into a definitive agreement to acquire Archer, a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. The transaction closed on Nov. 1, 2024.
Increase in cash dividend on common stock
In July 2024, our Board of Directors approved a 12% increase in the quarterly cash dividend on our common stock, from $0.42 to $0.47 per share. The increased quarterly cash dividend was paid on Aug. 2, 2024.
4 BNY
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