CONSUMERS ENERGY CO — fact timeline

CONSUMERS ENERGY CO reported first quarter of 2026 results: EPS $1.10 per share. Guidance reaffirmed.

“CMS Energy announced today reported earnings per share of $1.10 for the first quarter of 2026, compared to $1.01 per share for 2025.”

Kurt Darrow retired as Director at CONSUMERS ENERGY CO.

“On June 5, 2025, Kurt Darrow, who has served as a member of the CMS Energy Corporation (“CMS Energy”) and Consumers Energy Company (“Consumers”) Boards of Directors (“Boards”) since 2013, informed CMS Energy and Consumers that he has decided to retire from the Boards, effective July 1, 2025.”

CONSUMERS ENERGY CO: Eliminated supermajority vote requirements from CMS Energy Restated Articles of Incorporation (effective 2024-05-07).

“On May 7, 2024, CMS Energy Corporation (“CMS Energy”) submitted to the Michigan Department of Licensing and Regulatory Affairs a Certificate of Amendment to the CMS Energy Restated Articles of Incorporation. This amendment eliminated supermajority vote requirements and was approved by the shareholders as set forth below.”

CONSUMERS ENERGY CO shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit Consumers Energy’s financial statements at the 2024-05-03 meeting.

“3. Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit Consumers Energy’s financial statements for the year ending December 31, 2024 was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 84,342,939 1,165 1,625 0”

CONSUMERS ENERGY CO shareholders approved Non-binding advisory proposal to approve the compensation paid to Consumers Energy’s named executive officers at the 2024-05-03 meeting.

“2. Non-binding advisory proposal to approve the compensation paid to Consumers Energy’s named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis , the compensation tables and the related narrative disclosure, was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 84,176,950 13,081 5,823 149,875”

CONSUMERS ENERGY CO shareholders approved Election of directors to the Consumers Energy Board of Directors at the 2024-05-03 meeting.

“1. Proposal to elect members to the Consumers Energy Board of Directors. All of the nominees were elected with the votes for individual nominees as follows: Number of Votes: FOR WITHHOLD BROKER NON-VOTE”

CONSUMERS ENERGY CO shareholders approved Amend the CMS Energy Restated Articles of Incorporation to eliminate supermajority vote requirements at the 2024-05-03 meeting.

“4. Proposal to amend the CMS Energy Restated Articles of Incorporation to eliminate supermajority vote requirements was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 244,970,547 5,722,292 261,465 13,009,367”

CONSUMERS ENERGY CO shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy’s financial statements at the 2024-05-03 meeting.

“3. Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy’s financial statements for the year ending December 31, 2024 was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 257,619,141 6,082,043 262,487 0”

CONSUMERS ENERGY CO shareholders approved Non-binding advisory proposal to approve the compensation paid to CMS Energy’s named executive officers at the 2024-05-03 meeting.

“2. Non-binding advisory proposal to approve the compensation paid to CMS Energy’s named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis , the compensation tables and the related narrative disclosure, was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 235,442,409 12,588,863 2,923,032 13,009,367”

CONSUMERS ENERGY CO shareholders approved Election of directors to the CMS Energy Board of Directors at the 2024-05-03 meeting.

“1. Proposal to elect members to the CMS Energy Board of Directors. All of the nominees were elected with the votes for individual nominees as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE”

CONSUMERS ENERGY CO reported first quarter of 2024 results: EPS $0.96 per share. Guidance reaffirmed.

“CMS Energy announced today reported earnings per share of $0.96 for the first quarter of 2024”

CONSUMERS ENERGY CO reported 2024 results: EPS $3.29 to $3.35 per share. Guidance raised.

“CMS Energy raised its 2024 adjusted earnings guidance to $3.29 to $3.35 per share from $3.27 to $3.33 per share”

CONSUMERS ENERGY CO reported 2023 results: EPS $3.01 per share.

“CMS Energy announced today reported earnings per share of $3.01 for 2023, compared to $2.85 per share for 2022. The company’s adjusted earnings per share for 2023 were $3.11, compared to $2.89 per share for 2022.”

CONSUMERS ENERGY CO entered into Second Amendment to the Amended and Restated Revolving Credit Agreement dated November 19, 2018 with The Bank of Nova Scotia valued at Termination date extended to November 18, 2025; obligations secured by first mortgage bonds (effective 2023-11-28).

“On November 28, 2023, Consumers Energy Company (“Consumers”), a principal subsidiary of CMS Energy Corporation, and The Bank of Nova Scotia entered the Second Amendment (the “Second Amendment”) to the Amended and Restated Revolving Credit Agreement dated November 19, 2018 (the “Credit Agreement”), as amended by that certain First Amendment to the Amended and Restated Revolving Credit Agreement dated November 23, 2022 (the “First Amendment”) between Consumers and The Bank of Nova Scotia.”

CONSUMERS ENERGY CO updated its the third quarter of 2023 guidance (reaffirmed).

“CMS Energy announced today reported earnings per share of $0.60 for the third quarter of 2023, compared to $0.56 per share for the same quarter in 2022.”

CONSUMERS ENERGY CO reported the second quarter of 2023 results: EPS $0.67 per share. Guidance reaffirmed.

“CMS Energy announced today reported earnings per share of $0.67 for the second quarter of 2023, compared to $0.50 per share for the same quarter in 2022.”

Ralph Izzo was elected as Director at CONSUMERS ENERGY CO.

“Effective as of May 15, 2023, Ralph Izzo has been elected to the Boards of Directors (“Boards”) of CMS Energy Corporation (“CMS Energy”) and its principal subsidiary, Consumers Energy Company (“Consumers Energy”).”

CONSUMERS ENERGY CO shareholders approved Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit Consumers Energy’s financial statements for the year ending December 31, 2023 at the 2023-05-05 meeting.

“4. Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit Consumers Energy’s financial statements for the year ending December 31, 2023 was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 84,322,332 2,463 2,221 0”

CONSUMERS ENERGY CO shareholders approved Non-binding advisory proposal to approve the compensation paid to Consumers Energy’s named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis , the compens at the 2023-05-05 meeting.

“2. Non-binding advisory proposal to approve the compensation paid to Consumers Energy’s named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis , the compensation tables and the related narrative disclosure, was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 84,175,436 16,658 6,889 128,033”

CONSUMERS ENERGY CO shareholders approved Proposal to elect members to the Consumers Energy Board of Directors. at the 2023-05-05 meeting.

“1. Proposal to elect members to the Consumers Energy Board of Directors. All of the nominees were elected with the votes for individual nominees as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE Jon E. Barfield 84,189,573 6,677 2,733 128,033”

CONSUMERS ENERGY CO shareholders approved Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy’s financial statements for the year ending December 31, 2023 at the 2023-05-05 meeting.

“4. Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy’s financial statements for the year ending December 31, 2023 was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 256,295,487 2,337,093 332,942 0”

CONSUMERS ENERGY CO shareholders approved Non-binding vote on the frequency of holding a shareholder advisory vote on executive compensation at the 2023-05-05 meeting.

“3. Non-binding vote on the frequency of holding a shareholder advisory vote on executive compensation with a vote as follows: Number of Votes: 1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON-VOTE 245,135,849 213,441 1,485,193 411,451 11,719,588”

CONSUMERS ENERGY CO shareholders approved Non-binding advisory proposal to approve the compensation paid to CMS Energy’s named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis , the compensation at the 2023-05-05 meeting.

“2. Non-binding advisory proposal to approve the compensation paid to CMS Energy’s named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis , the compensation tables and the related narrative disclosure, was approved, with a vote as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE 236,954,274 8,414,358 1,877,302 11,719,588”

CONSUMERS ENERGY CO shareholders approved Proposal to elect members to the CMS Energy Board of Directors. at the 2023-05-05 meeting.

“1. Proposal to elect members to the CMS Energy Board of Directors. All of the nominees were elected with the votes for individual nominees as follows: Number of Votes: FOR AGAINST ABSTAIN BROKER NON-VOTE Jon E. Barfield 238,065,814 8,845,346 334,774 11,719,588”

CONSUMERS ENERGY CO reported first quarter of 2023 results: EPS $0.69 per share. Guidance reaffirmed.

“CMS Energy announced today reported earnings per share of $0.69 for the first quarter of 2023, compared to $1.21 per share for the same quarter in 2022. The company’s adjusted earnings per share for the first quarter of 2023 were $0.70, compared to $1.20 per share for the same quarter in 2022, primarily due to unfavorable weather, which reduced sales volumes, and higher service restoration costs attributable to significant storm activity during the quarter. CMS Energy reaffirmed its 2023 adjusted earnings guidance of $3.06 to $3.12* per share (*See below for important information about non-GAAP measures) and reaffirmed long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end of the adjusted EPS growth range.”

CONSUMERS ENERGY CO reported 2022 results: EPS $2.85 per share for 2022, compared to $4.66 per share for 2021. Guidance raised.

“CMS Energy announced today reported earnings per share of $2.85 for 2022, compared to $4.66 per share for 2021.”

CONSUMERS ENERGY CO entered into Bond Purchase Agreement with certain institutional purchasers valued at $400 million (effective 2023-01-12).

“On January 12, 2023, Consumers Energy Company (“Consumers Energy”), a principal subsidiary of CMS Energy Corporation, and certain institutional purchasers in the private placement market (“Purchasers”) entered into a Bond Purchase Agreement (“BPA”) whereby Consumers Energy will sell to the Purchasers, in a private placement, an aggregate principal amount of $400 million First Mortgage Bonds (“FMBs”).”

CONSUMERS ENERGY CO amended Secured Revolving Credit Facility with consortium of banks led by JPMorgan Chase Bank, N.A. (Agent), with Barclays Bank PLC and MUFG Bank, LTD. as Co-Syndication Agents, Mizuho Bank, Ltd., Bank of America, N.A., and Wells Fargo Bank as Co-Documentation Agents, and Barclays as Sustainability Structuring Agent valued at Increased from $850 million to $1.1 billion secured revolving credit facility, with $500 million sec (effective 2022-12-14).

“On December 14, 2022, Consumers Energy Company (“Consumers”) amended and restated its secured Revolving Credit Facility (the “Consumers Facility”) with a consortium of banks led by JPMorgan, as Agent, Barclays and MUFG, as Co-Syndication Agents, Mizuho, Bank of America, and Wells Fargo as Co-Documentation Agents and Barclays as Sustainability Structuring Agent. The Consumers Facility was increased from $850 million to $1.1 billion. Obligations under the Consumers Facility in the amount of $500 million will continue to be secured by first mortgage bonds of Consumers issued pursuant to the 114 th Supplemental Indenture dated as of March 31, 2011, obligations in the amount of $150 million will continue to be secured by first mortgage bonds of Consumers issued pursuant to the 123 rd Supplemental Indenture dated as of December 20, 2013, obligations in the amount of $200 million will continue to be secured by first mortgage bonds of Consumers issued pursuant to the 132 nd Supplemental Indent”

CONSUMERS ENERGY CO amended Revolving Credit Facility with consortium of banks led by Barclays Bank PLC (Agent), with JPMorgan Chase Bank, N.A. and MUFG Bank, LTD. as Co-Syndication Agents, Mizuho Bank, Ltd., Bank of America, N.A., and Wells Fargo Bank as Co-Documentation Agents, and Barclays as Sustainability Structuring Agent valued at $550 million unsecured revolving credit facility, amended and restated with five-year term expiring (effective 2022-12-14).

“On December 14, 2022, CMS Energy Corporation (“CMS Energy”) amended and restated its $550 million Revolving Credit Facility (the “CMS Facility”) with a consortium of banks led by Barclays Bank PLC (“Barclays”), as Agent, JPMorgan Chase Bank, N.A. (“JPMorgan”) and MUFG Bank, LTD. (“MUFG”), as Co-Syndication Agents, Mizuho Bank, Ltd. (“Mizuho”), Bank of America, N.A. (“Bank of America”), and Wells Fargo Bank, National Association (“Wells Fargo”) as Co-Documentation Agents and Barclays as Sustainability Structuring Agent. The CMS Facility remains unsecured.”

CONSUMERS ENERGY CO amended First Amendment with The Bank of Nova Scotia valued at $250 million (effective 2022-11-23).

“On November 23, 2022, Consumers Energy Company (“Consumers”), a principal subsidiary of CMS Energy Corporation, and The Bank of Nova Scotia entered into the First Amendment (the “Amendment”) to the Amended and Restated $250 million secured Revolving Credit Agreement dated as of November 19, 2018 between Consumers and The Bank of Nova Scotia (the “Agreement”).”

CONSUMERS ENERGY CO updated its 2023 guidance (initiated).

“CMS Energy also introduced preliminary 2023 adjusted earnings guidance of $3.05 to $3.11 per share”

CONSUMERS ENERGY CO updated its 2022 guidance (raised).

“CMS Energy raised its 2022 adjusted earnings guidance to $2.87 to $2.89 per share, from $2.85 to $2.89 per share”

CONSUMERS ENERGY CO updated its the first nine months of 2022 guidance (raised).

“For the first nine months of 2022, the company reported $2.27 per share compared to $2.46 per share for the same period in 2021. On an adjusted earnings per share basis year-to-date, the company reported $2.29 per share in 2022, compared to $2.18 per share in 2021.”

CONSUMERS ENERGY CO updated its the third quarter of 2022 guidance (raised).

“CMS Energy announced today reported earnings per share of $0.56 for the third quarter of 2022, compared to $0.64 per share for the same quarter in 2021. The company’s adjusted earnings per share for the third quarter of 2022 were $0.56, compared to $0.54 per share for the same quarter in 2021.”