NiSource Inc.
NiSource Inc. Eliminates Series B Preferred Stock and Series B-1 Preferred Stock
Summary
On March 18, 2024, NiSource Inc. filed a Certificate of Elimination with the Secretary of State of Delaware to eliminate all matters set forth in the Certificate of Designations with respect to its 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock and its Series B-1 Preferred Stock, following their redemption on March 15, 2024. This action terminated all rights of the holders of such shares, except for the right to receive payment of the redemption price. A Certificate of Elimination is filed as Exhibit 3.1 to this Current Report on Form 8-K.
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Exhibits (1)
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About NiSource Inc.
NiSource Inc. is a prominent energy holding company primarily focused on the distribution and transmission of natural gas and electricity. The company operates through regulated utility subsidiaries, offering essential energy services to millions of customers across seven U.S. states, including Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. NiSource engages in two major business segments: Gas Distribution Operations and Electric Operations. The Gas Distribution segment is responsible for the safe delivery of natural gas to residential, commercial, and industrial customers, playing a critical role in heating and powering homes and businesses. The Electric Operations segment involves the generation, transmission, and distribution of electricity, supporting vital infrastructure and fostering regional economic development. NiSource's strategic initiatives emphasize enhancing customer service, ensuring safety, and advancing environmental sustainability. As a key player in the utility industry, NiSource contributes significantly to the energy market, impacting sectors related to energy production, infrastructure, and environmental initiatives. The company's regulated business model aims to provide stable returns while pursuing growth opportunities in expanding its service offerings and improving energy efficiency.
Official SEC Documents
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