Dominion Energy Announces Full Redemption Of Series A Cumulative Perpetual Convertible Preferred Stock
RICHMOND, Va. , July 27, 2022 |PRNewswire| -- Dominion Energy, Inc. (NYSE: D ), announced today that it will redeem for cash all outstanding shares of its Series A Cumulative Perpetual Convertible Preferred Stock (CUSIP Numbers 25746U 810 and 25746U DN6) (the Series A Preferred Stock) on Sept. 1, 2022 (the Redemption Date), at a price of $1,000 per share, which is equal to the Series A Preferred Stock''s per share liquidation preference. A regular quarterly dividend on the Series A Preferred Stock of $4.375 per share will be paid separately on Sept. 1, 2022 , to holders of record as of the close of business on Aug. 15, 2022 (the Record Date), in the customary manner. Accordingly, the redemption price for the Series A Preferred Stock does not include any accumulated and unpaid dividends. Unless Dominion Energy defaults in making payment of the redemption price, dividends on the Series A Preferred Stock will cease to accumulate on and after the Redemption Date. Following the redemption, no shares of Series A Preferred Stock will …
Dominion Energy Announces Full Redemption Of Series A Cumulative Perpetual Convertible Preferred Stock
RICHMOND, Va. , July 27, 2022 |PRNewswire| -- Dominion Energy, Inc. (NYSE: D ), announced today that it will redeem for cash all outstanding shares of its Series A Cumulative Perpetual Convertible Preferred Stock (CUSIP Numbers 25746U 810 and 25746U DN6) (the Series A Preferred Stock) on Sept. 1, 2022 (the Redemption Date), at a price of $1,000 per share, which is equal to the Series A Preferred Stock''s per share liquidation preference. A regular quarterly dividend on the Series A Preferred Stock of $4.375 per share will be paid separately on Sept. 1, 2022 , to holders of record as of the close of business on Aug. 15, 2022 (the Record Date), in the customary manner. Accordingly, the redemption price for the Series A Preferred Stock does not include any accumulated and unpaid dividends. Unless Dominion Energy defaults in making payment of the redemption price, dividends on the Series A Preferred Stock will cease to accumulate on and after the Redemption Date. Following the redemption, no shares of Series A Preferred Stock will …