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    SEC Form 8-K filed by Popular Inc.

    5/8/25 1:02:17 PM ET
    $BPOP
    Major Banks
    Finance
    Get the next $BPOP alert in real time by email
    8-K
    false 0000763901 0000763901 2025-05-08 2025-05-08 0000763901 us-gaap:CommonStockMember 2025-05-08 2025-05-08 0000763901 us-gaap:CumulativePreferredStockMember 2025-05-08 2025-05-08
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    Form 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 OR 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): May 8, 2025

     

     

    POPULAR, INC.

    (Exact name of registrant as specified in its charter)

     

     

     

    Puerto Rico   001-34084   66-0667416

    (State or other jurisdiction of

    incorporation or organization)

     

    (Commission

    File Number)

      (IRS Employer
    Identification Number)

     

    209 Muñoz Rivera Avenue

    Hato Rey, Puerto Rico

     

    00918

    (Address of principal executive offices)   (Zip code)

    (787) 765-9800

    (Registrant’s telephone number, including area code)

    NOT APPLICABLE

    (Former name, former address and former fiscal year, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

      ☐

    Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

      ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

      ☐

    Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

      ☐

    Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading
    Symbol(s)

     

    Name of each exchange
    on which registered

    Common Stock ($0.01 par value)   BPOP   The NASDAQ Stock Market
    6.125% Cumulative Monthly Income Trust Preferred Securities   BPOPM   The NASDAQ Stock Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     
     


    Item 8.01.

    Other Events.

    On May 8, 2025, Popular, Inc. issued a press release announcing that its Board of Directors approved a quarterly cash dividend of $0.70 per share on its outstanding common stock. The dividend will be payable on July 1, 2025 to shareholders of record at the close of business on May 29, 2025.

    A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

     

    Item 9.01.

    Financial Statements and Exhibits.

     

    99.1    Press release dated May 8, 2025.
    101    Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language).
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101).


    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

           

    POPULAR, INC.

    (Registrant)

    Date: May 8, 2025     By:  

    /s/ José R. Coleman Tió

          José R. Coleman Tió
          Executive Vice President and Chief Legal Officer
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