NiSource Inc.
NiSource Inc. Eliminates Preferred Stock Series and Amends Bylaws
Summary
On October 21, 2024, NiSource Inc. eliminated its Series C and Series A Junior Participating Preferred Stock through certificates of elimination. Simultaneously, the company's board adopted amended and restated bylaws, effective immediately, which included updates to provisions related to stockholder meetings, proxies, and director nominations, among other changes. The amendments are intended to align the bylaws with recent developments in Delaware law and to incorporate administrative, modernizing, clarifying, and conforming changes. The amended Articles of Incorporation and Bylaws, as well as the certificates of elimination, are furnished as exhibits to this 8-K filing.
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Exhibits (4)
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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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