secwatch.observer — SEC 8-K summary
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Issuer:     Vistra Corp. (VST)
CIK:        0001692819
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001193125-24-049124
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vistra posts 2023 net income $1,492M; Energy Harbor acquisition to close Mar 1
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- Full-year 2023 net income $1,492M vs 2022 net loss of $1,210M; Ongoing Ops Adj. EBITDA $4,140M.
- Energy Harbor acquisition receives FERC approval; closing expected March 1, adding >4,000 MW nuclear.
- Board authorizes additional $1.5B share repurchases; expects $2.25B in repurchases by 2025.
- Repurchased ~98% of TRA rights for $475M preferred stock and $150M cash, simplifying capital structure.
- 2024 standalone guidance: Ongoing Ops Adj. EBITDA $3.7B-$4.1B; hedged ~99% of 2024 generation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692819/000119312524049124/0001193125-24-049124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692819/000119312524049124/d784050d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-049124

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