Vistra Corp.NYSE: VST

Vistra Announces Redemption of All Outstanding Series A Preferred Stock

· Issued by Vistra Corp. via PR Newswire

Summary by 6ix AI

Vistra Corp., a Texas-based retail electricity and power generation company, is redeeming all one million outstanding shares of its 8.0% Series A Preferred Stock at $1,000 per share, representing $1.0 billion in aggregate liquidation preference (the total redemption value of the shares).

Key details

  • The shares are 8.0% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series A, with a $0.01 par value per share.
  • Vistra had previously declared distributions on the shares payable on October 15, 2026, so there were no accrued and unpaid dividends as of the redemption date.
  • On and after the redemption date, the shares cease to be outstanding, dividends stop accruing, and holders keep only the right to receive the redemption price and any accrued and unpaid dividends payable under the terms of the shares.
  • A formal notice of redemption was delivered to holders of record. Equiniti Trust Company, LLC, the redemption and paying agent, distributed the official notice and related materials, including payment procedures and any required holder actions.

6ix AI wrote this summary from the release below and checked it against the release.

IRVING, Texas, Oct. 15, 2026 /PRNewswire/ -- Vistra Corp. (NYSE: VST) today announced its redemption of all outstanding shares of its 8.0% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series A, $0.01 par value per share (the "Series A Preferred Stock") in accordance with the terms and conditions set forth in the governing documents for the Series A Preferred Stock.

All one million shares of the Series A Preferred Stock (CUSIP: 92840M AB8 (Rule 144A) and U92266 AA0 (Regulation S)) are being redeemed at a price of $1,000 per share of preferred stock representing $1.0 billion in aggregate liquidation preference. Vistra had previously declared distributions on the Series A Preferred Shares payable on Oct. 15, 2026, thus there were no accrued and unpaid dividends as of the redemption date.

A formal notice of redemption was delivered to holders of record in accordance with the terms of the Series A Preferred Stock and applicable procedures of Cede & Co., the nominee of DTC. Additional information regarding the redemption, including payment procedures, the treatment of accrued dividends, and any required holder actions, was provided in the official notice of redemption and related materials distributed by Equiniti Trust Company, LLC, as redemption and paying agent.

On and after the redemption date, the Series A Preferred Stock ceased to be outstanding, dividends ceased to accrue on such shares, and all rights of holders were terminated other than the right to receive the applicable redemption price and any accrued and unpaid dividends payable in accordance with the terms of the Series A Preferred Stock.

About Vistra
Vistra (NYSE: VST) is a leading, Fortune 500 integrated retail electricity and power generation company based in Irving, Texas, that provides essential resources to customers, businesses, and communities from California to Maine. Vistra is a leader in transforming the energy landscape, with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business.

SOURCE Vistra Corp.

View original source (PR Newswire)Vistra Corp. on 6ix

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