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Spire Inc. Announces Redemption of 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock
Spire Inc. (NYSE: SR) (the "Company") announced today that it has delivered notice to holders of the Company's 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock (NYSE: SR.PRA – CUSIP No.: 84857L309) (the "Series A Preferred Stock") of the Company's intent to redeem all 10,000 of its outstanding Series A Preferred Stock, par value $25.00 per share, liquidation preference $25,000 per share and the corresponding depositary shares of the Company ("Depositary Shares"), each representing
About this update from Spire Inc.
[{"type":"text","content":"ST. LOUIS, Jan. 29, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) (the "Company") announced today that it has delivered notice to holders of the Company's 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock (NYSE: SR.PRA – CUSIP No.: 84857L309) (the "Series A Preferred Stock") of the Company's intent to redeem all 10,000 of its outstanding Series A Preferred Stock, par value $25.00 per share, liquidation preference $25,000 per share and the corresponding depositary shares of the Company ("Depositary Shares"), each representing 1/1000th fractional interest in one share of Series A Preferred Stock.","length":654,"tagName":"p"},{"type":"image","alt":"Spire logo (PRNewsfoto/Spire Inc.)","displaySize":"","headline":null,"caption":"Spire logo (PRNewsfoto/Spire Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":218,"url":"https://media.zenfs.com/en/prnewswire.com/17d4d3273d19fefbb52c247f845c84c9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YpqTjsHCyHeQV2QBtc4GcA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM4NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/17d4d3273d19fefbb52c247f845c84c9","width":400,"height":218}},"href":"https://mma.prnewswire.com/media/1818129/Spire_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The anticipated redemption date is February 13, 2026 (the "Redemption Date"). The Depositary Shares will be redeemed at a redemption price of $25.00 per share (equivalent to $25,000 per share of the Series A Preferred Stock), plus $0.36056 per share, for a total payment of $25.36056 per share, the amount equal to all accumulated and unpaid dividends up to, but not including, the Redemption Date (the "Redemption Price"). The Series A Preferred Stock will cease to accumulate dividends immediately prior to the Redemption Date. Upon redemption, the Series A Preferred Stock (or related Depositary Shares) will no longer be outstanding, and all rights of the holders will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest. As a result, no separate dividend will be paid on February 17, 2026. Upon redemption, the Series A Preferred Stock will be delisted from trading on the New York Stock Exchange.","length":980,"tagName":"p"},{"type...