secwatch.observer — SEC 8-K summary
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Issuer:     Genie Energy Ltd. (GNE)
CIK:        0001528356
Form:       8-K
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0001213900-23-030261
Event type: dividend
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528356/000121390023030261/0001213900-23-030261-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528356/000121390023030261/ea177050-8k_genieenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-030261

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