other material
confidence high
sentiment neutral
materiality 0.30
NiSource eliminates Series A Preferred Stock from charter after redemption
NISOURCE INC.
- All outstanding 5.65% Series A Preferred Stock redeemed at $1,000/share on June 15, 2023.
- Certificate of Elimination filed on June 16, 2023, removing all Series A designations from charter.
- Dividends ceased and all holder rights terminated except right to receive redemption price.
- Redemption was previously disclosed; no new financial impact reported.