Alabama Power announces redemption of preferred stock
BIRMINGHAM, Ala., Sept. 7, 2022 /PRNewswire/ -- Alabama Power Company today announced that it issued a notice of redemption for 5.00% Class A Preferred Stock, Cumulative, Par Value $1 Per Share (Stated Capital $25 Per Share) CUSIP No. 010392462 (NYSE:ALP) (the "5.00% Preferred Stock").
The redemption date for the 5.00% Preferred Stock will be October 14, 2022. The redemption price per share for the 5.00% Preferred Stock to be redeemed shall be equal to $25.00 per share plus accrued and unpaid dividends of $0.045 per share.
Regular dividends on the 5.00% Preferred Stock being redeemed are payable October 1, 2022, to each holder of record on September 16, 2022. No dividends on the 5.00% Prefer
