Via Renewables (VIA) Stock

HOUSTON, TX / ACCESSWIRE / October 16, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today that, in accordance with the terms of the 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") of the Company, the Board of Directors has declared a quarterly cash dividend in the amount of $0.71847 per share on the Series A Preferred Stock. The dividend will be paid on January 15, 2025 to holders of record of Via Renewables' Series A Preferred Stock on January 1, 2025.

HOUSTON, TX / ACCESSWIRE / July 17, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today that, in accordance with the terms of the 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") of the Company, the Board of Directors has declared a quarterly cash dividend in the amount of $0.75881 per share on the Series A Preferred Stock. The dividend will be paid on October 15, 2024 to holders of record of Via Renewables' Series A Preferred Stock on October 1, 2024.

HOUSTON, TX / ACCESSWIRE / June 13, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today the completion of the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger, dated as of December 29, 2023 (the "Merger Agreement"), by and among the Company, Retailco, LLC, a Texas limited liability company ("Parent"), and NuRetailco LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger (the "Surviving Corporation"), following which William Keith Maxwell, III and his affiliates became the registered or beneficial owners of all of the shares of the Surviving Corporation's issued and outstanding (a) Class A common stock, par value $0.01 per share (the "Class A Common Stock") and (b) Class B common stock, par value $0.01 per share (the "Class B Common Stock" and, together with the Class A Common Stock, the "Common Stock"). The Merger, originally announced on January 2, 2024, was approved by the Company's shareholders at a special meeting held on June 7, 2024.

HOUSTON, TX / ACCESSWIRE / June 7, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA; VIASP), an independent retail energy services company, announced today that at its special meeting of shareholders held earlier today, the Company's shareholders voted, among other things, in favor of the proposals to: (i) approve the Agreement and Plan of Merger, dated as of December 29, 2023 (the "Merger Agreement"), by and among the Company, Retailco, LLC, a Texas limited liability company ("Parent"), and NuRetailco LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent ("Merger Sub") (the "Merger Proposal"); and (ii) approve, by non-binding, advisory vote, compensation that may become payable to the Company's name executive officers in connection with the Merger (the "Compensation Proposal"). Capitalized terms used but not defined in this communication have the meanings given to them in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 28, 2024 under Regulation 14A of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Welcome to the Via Renewables, Inc. (NASDAQ:VIA) Q1 2024 Earnings Call scheduled for May 2, 2024 at 11:00 AM ET. Present on the call will be Stephen Rabalais, Keith Maxwell, and Mike Barajas. Thank you for joining us, and for those unable to attend in person, a webcast is available on our website at viarenewables.com.

Via Renewables, Inc. (VIA) Q4 2023 Earnings Call Transcript

Via Renewables shares jumped more than 13% in early Tuesday trade after the retail energy services company announced plans for its acquisition by Retailco, LLC, in a merger agreement set at $11 per share. The cash offer represents a 17% premium to Via Renewables' closing share price on December 29, 2023.

Via Renewables Inc.'s stock VIA, -0.11% was up by 12.8% in premarket trading on Tuesday after the retail energy services company's Chief Executive William Keith Maxwell III offered to take the business private for $11 a share, implying a total market capitalization of $118.8 million. The price is a 17% premium to the stock's last closing level on Friday.

The Via Renewables, Inc. dividend has been suspended, but should be restored in about a year. Via Renewables preferred shares offer an attractive 15.8% yield, but the common stock is even more compelling at current prices. Moderate natural gas prices are favorable for Via Renewables.