Genie Energy declares Q3 2022 preferred dividend and announces partial redemption of preferred shares

Genie Energy Ltd.

Cash dividend of $0.1594 per Series 2012-A Preferred share declared; payable Nov 15 to holders of record Nov 8, 2022.
Company to redeem 986,400 preferred shares on Nov 15, 2022 at $8.50 per share, aggregate $8,384,400 plus accrued dividends.
Dividend treated as ordinary distribution for tax purposes; redemption reflects ongoing capital management.
Preferred stock trades on NYSE under ticker GNEPRA.

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