Genie Energy declares Q1 2023 preferred stock dividend of $0.6895/share and redemption of 117,647 shares

Genie Energy Ltd.

Cash dividend of $0.6895 per Series 2012-A Preferred share: $0.1594 base for Q1 2023 + $0.5301 additional through Dec 31, 2022.
Dividend payable on or about May 15, 2023 to shareholders of record as of May 5, 2023.
Genie to redeem 117,647 Preferred shares on May 15, 2023 at $8.50/share (aggregate $1M).
After redemption, ~748,000 shares remain outstanding; total redeemed ~1.57M shares.

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