BIRMINGHAM, Ala., May 13, 2022
/PRNewswire/ -- Alabama Power Company today announced that it
issued a notice of redemption for the following series of preferred
stock:
- 4.20% Preferred Stock, Par Value $100 Per Share CUSIP No. 010392207
- 4.60% Preferred Stock, Par Value $100 Per Share CUSIP No. 010392405
- 4.92% Preferred Stock, Par Value $100 Per Share CUSIP No. 010392702
- 4.52% Preferred Stock, Par Value $100 Per Share CUSIP No. 010392306
- 4.64% Preferred Stock, Par Value $100 Per Share CUSIP No. 010392504
- 4.72% Preferred Stock, Par Value $100 Per Share CUSIP No. 010392603
The redemption date for each of the above series of preferred
stock will be June 21, 2022. The
redemption price per share for each series of preferred stock to be
redeemed shall be equal to $105.00
per share plus accrued and unpaid dividends to the redemption date
for the 4.20% Preferred Stock; $104.20 per share plus accrued and unpaid
dividends to the redemption date for the 4.60% Preferred Stock;
$103.23 per share plus accrued and
unpaid dividends to the redemption date for the 4.92% Preferred
Stock; $102.93 per share plus accrued
and unpaid dividends to the redemption date for the 4.52% Preferred
Stock; $103.14 per share plus accrued
and unpaid dividends to the redemption date for the 4.64% Preferred
Stock and $102.18 per share plus
accrued and unpaid dividends to the redemption date for the 4.72%
Preferred Stock. No dividends on the preferred stock being redeemed
will accrue on or after the redemption date, nor will any interest
accrue on amounts held to pay the redemption price.
Questions relating to, and requests for copies of the notice of,
this redemption should be directed to EQ Shareowner Services at
800-554-7626.
Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE: SO),
provides reliable, affordable electricity to 1.5 million customers
across the state. Learn more at www.alabamapower.com.
View original
content:https://www.prnewswire.com/news-releases/alabama-power-announces-redemption-of-preferred-stock-301547315.html
SOURCE Alabama Power Company