Spire Inc. Announces Redemption of 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock

Core Viewpoint - Spire Inc. has announced its intention to redeem all outstanding Series A Cumulative Redeemable Perpetual Preferred Stock, with a total payment of $25.36056 per share, including accumulated dividends, effective February 13, 2026 [1][2]. Group 1: Redemption Details - The redemption will involve 10,000 shares of Series A Preferred Stock, with a par value of $25.00 per share and a liquidation preference of $25,000 per share [1]. - The total payment for the redemption will be $25.36056 per share, which includes $0.36056 for accumulated and unpaid dividends [2]. - Upon redemption, the Series A Preferred Stock will cease to accumulate dividends and will be delisted from the New York Stock Exchange [2]. Group 2: Redemption Process - The Depositary Shares will be redeemed through The Depository Trust Company (DTC), with payment managed by Computershare Inc. and Computershare Trust Company, N.A. [3]. - Investors holding Depositary Shares should contact their bank or broker for information regarding the redemption process [3]. Group 3: Company Overview - Spire Inc. serves approximately 1.7 million homes and businesses, making it one of the largest publicly traded natural gas companies in the United States [4]. - The company operates gas utilities in Alabama, Mississippi, and Missouri, and is focused on organic growth, infrastructure investment, and continuous improvement [4].