Via Renewables, Inc. announced the redemption of 258,565 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock.
The redemption price is set at $25.00 per share in cash, plus accumulated and unpaid dividends.
The redemption date is scheduled for December 18, 2025.
Redemption of Shares
258,565 shares of Series A Preferred Stock to be redeemed at $25.00 per share.
Redemption Price
Includes $0.46714 per share of accumulated and unpaid dividends.
Book-Entry Form
All shares of Series A Preferred Stock issued in book-entry form through DTC.
- The redemption will impact the liquidity and cash flow generation of Via Renewables.
- The redemption reflects the Company's strategic financial management approach.
Via Renewables' redemption of Series A Preferred Stock demonstrates their commitment to financial stability and shareholder value.