Capital One removes redeemed Series M preferred stock
Capital One Financial Corporation (COF) reports a charter change related to a preferred stock series.
Rhea-AI Filing Summary
Capital One Financial Corporation (COF) reports a charter change related to a preferred stock series. On September 1, 2026, the company filed a Certificate of Elimination in Delaware to remove from its Restated Certificate of Incorporation all matters relating to its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M.
All outstanding shares of the Series M Preferred Stock were redeemed on September 1, 2026 in accordance with their Certificate of Designations, and the related Certificate of Elimination is attached as an exhibit and incorporated by reference.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.03, 9.01
2 items
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Redemption date of Series M Preferred Stock: September 1, 2026
Certificate of Designations date for Series M: June 9, 2021
1.650% Senior Notes Due 2029: 1.650% coupon; due 2029
+2 more
5 metrics
Redemption date of Series M Preferred Stock
September 1, 2026
Date on which all outstanding shares of Series M Preferred Stock were redeemed
Certificate of Designations date for Series M
June 9, 2021
Date of the Certificate of Designations governing the Series M Preferred Stock
1.650% Senior Notes Due 2029
1.650% coupon; due 2029
Senior notes of Capital One listed on the New York Stock Exchange under symbol COF29
Exhibit 3.1
Certificate of Elimination dated September 1, 2026
Exhibit describing the elimination of Series M Preferred Stock provisions
Exhibit 104
Inline XBRL cover page
Cover page formatted in Inline XBRL identified as Exhibit 104
Key Terms
Certificate of Elimination, Certificate of Designations, Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Non-Cumulative Perpetual Preferred Stock, +1 more
5 terms
Certificate of Elimination regulatory
"filed a Certificate of Elimination to its Restated Certificate of Incorporation"
An official document issued by a public health or regulatory authority stating that a particular disease, contaminant, or hazard has been removed or is no longer present at detectable levels within a defined area or system. For investors, it signals a reduced regulatory risk and potential reopening of economic activity—like a clearance certificate that lets a business or region return to normal operations, which can affect demand, costs, and market confidence.
Certificate of Designations regulatory
"all matters set forth in the Certificate of Designations, dated June 9, 2021"
A certificate of designations is a formal legal document that spells out the specific rights and rules attached to a particular class of stock, most often preferred shares. It tells investors who gets paid first, what dividends or conversion rights exist, and any voting or liquidation priorities—like an instruction sheet that decides which shareholders get preference if a company pays out or is sold. Those terms directly affect a security’s value and risk.
Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock financial
"with respect to its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M"
Non-Cumulative Perpetual Preferred Stock financial
"Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I"
Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.
Inline XBRL technical
"The cover page from this on , formatted in Inline XBRL"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
What corporate action did COF take regarding its Series M preferred stock on September 1, 2026?
Capital One Financial Corporation filed a Certificate of Elimination in Delaware, removing from its Restated Certificate of Incorporation all matters relating to its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M, after all outstanding Series M shares were redeemed on September 1, 2026.
What is the purpose of the Certificate of Elimination mentioned by COF (symbol COF)?
The Certificate of Elimination removes from Capital One’s Restated Certificate of Incorporation all provisions previously set forth in the June 9, 2021 Certificate of Designations for the Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M, after those shares were fully redeemed.
Which exhibit relates to the Series M Preferred Stock in Capital One’s 8-K?
Exhibit 3.1 is identified as the Certificate of Elimination relating to the Series M Preferred Stock, dated September 1, 2026, and is incorporated by reference as part of the company’s disclosure.
What exchange-listed securities of COF are referenced in this disclosure?
The disclosure lists COF common stock and several preferred-related depositary share series (including Series I, J, K, L, N) and 1.650% Senior Notes due 2029 (COF29), all indicated as listed on the New York Stock Exchange.
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