Synchrony Financial 8-K Report: Key Insights on Stock and Events

$SYF
Form 8-K
Filed on: 2025-03-06
Source
Synchrony Financial 8-K Report: Key Insights on Stock and Events

Based on the provided XML data from the financial report, here are the key insights and important information extracted:

  1. Entity Identification:
  • Company Name: Synchrony Financial
  • CIK Number: 0001601712
  • SEC File Number: 001-36560
  • EIN: 51-0483352
  • Address: 777 Long Ridge Road, Stamford, CT 06902
  • Contact Number: (203) 585-2400
  1. Report Type:
  • Form Type: 8-K (used to report major events that shareholders should know about)
  1. Date of Report:
  • Filing Date: March 6, 2025
  1. Stock Information:
  • Common Stock: Par value of $0.001 per share, ticker symbol SYF, listed on NYSE.
  • Preferred Stock Series:
    • Series A: 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, ticker symbol SYFPrA, listed on NYSE.
    • Series B: 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, ticker symbol SYFPrB, listed on NYSE.
  1. Reporting Context:
  • The report covers a period with a start and end date of March 6, 2025. This indicates that the filing relates to a specific event or transaction taking place on that date.
  1. Stock Classifications:
  • The filing includes multiple classes of stock, specifically common stock and two series of preferred stock, which are explicitly identified using US GAAP classifications.
  1. XML Namespace:
  • The document uses XBRL (Extensible Business Reporting Language) with defined namespaces, indicating structured financial reporting compliant with SEC requirements.

Conclusion:

This filing provides foundational information about Synchrony Financial, including its stock classifications and preferred shares, which are crucial for investors and analysts assessing the company’s financial health and capital structure. The use of the 8-K form suggests a significant event that may have implications for shareholders, warranting further investigation into the details of that event.