BRIDGEPORT, Conn., Nov. 5,
2021 /PRNewswire/ -- People's United Financial, Inc. (the
"Company") (NASDAQ: PBCT), the holding company for People's United
Bank, N.A., announced today that the Annual Meeting of Shareholders
(the "2021 Annual Meeting") will be held on Thursday,
December 16, 2021, at 2:00 p.m.
The close of business on November 16,
2021, has been set as the record date for determination of
shareholders entitled to notice of, and to vote at, the 2021 Annual
Meeting.
The Company has rescheduled the 2021 Annual Meeting in order to
comply with NASDAQ corporate governance requirements. The 2021
Annual Meeting had been delayed due to the pending merger of the
Company with M&T Bank Corporation (the "Merger"). If all
closing conditions for the completion of the Merger, including
receipt of approval from the Board of Governors of the Federal
Reserve System, are satisfied or waived prior to December 16,
2021, the 2021 Annual Meeting will not be held.
The Company will file with the Securities and Exchange
Commission and deliver to shareholders definitive proxy materials
containing additional information about the 2021 Annual Meeting.
The Company has established the close of business on November 15, 2021, as the new deadline for the
receipt of any shareholder proposals submitted pursuant to
Rule 14a-8 under the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). Eligible shareholders who wish to
submit a proposal for inclusion in the proxy statement must submit
the proposal to the Company's Corporate Secretary by mail at
People's United Financial, Inc., 850 Main Street, Bridgeport, CT 06604. Any such proposal must
comply with the requirements set forth in the Company's Bylaws and
Rule 14a-8 under the Exchange Act, in order to be included in the
Company's proxy statement and proxy card for the 2021 Annual
Meeting.
About People's United Financial
People's United
Financial, Inc. is a financial holding company headquartered in
Bridgeport, Connecticut. People's
United Bank, N.A. a subsidiary of People's United Financial,
Inc., is a diversified, community-focused financial services
company headquartered in the Northeast with more than $63 billion in assets. Founded in 1842, People's
United Bank offers commercial and retail banking through a network
of nearly 400 retail locations in Connecticut, New
York, Massachusetts,
Vermont, New Hampshire, and Maine, as well as wealth management solutions.
People's United Bank also provides specialized commercial services
to customers nationwide.
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SOURCE People's United Financial, Inc.