EVRG - Dividend announcements

Evergy, Inc. (NASDAQ:EVRG) ("Evergy") today announced that it has entered into separate, privately negotiated repurchase agreements with certain holders of its 4.50% Convertible Notes due 2027 (the "Notes") to repurchase for cash (the "Repurchases") approximately $244.1 million aggregate principal amount of the Notes for a total repurchase cost (including accrued and unpaid interest) of approximately $302.5 million. The final aggregate cash repurchase price is subject to adjustment as a portion of the repurchase price will be based in part on the daily volume-weighted average price per share of Evergy's common stock over an agreed measurement period beginning on, and including, January 7, 2

Kirk Andrews to depart as CFO; Geoffrey Ley appointed acting CFO Evergy, Inc. (NASDAQ:EVRG) announced today the departure of Executive Vice President and Chief Financial Officer (CFO) Kirk Andrews. Andrews will leave to become CFO at Consolidated Edison, Inc (NYSE:ED). Evergy has named Geoffrey Ley, vice president, corporate planning and treasurer, as acting CFO, effective when Andrews leaves the company on June 21, 2024. Ley will serve as acting CFO while the company conducts an internal and external search for the role. Ley joined the company in 2021 and will continue with his current responsibilities in addition to serving as acting CFO. Prior to Evergy, Ley was vice president and ch

Evergy, Inc. (NASDAQ:EVRG) today filed its triennial Integrated Resource Plan with the Missouri Public Service Commission. This outlines the plan to meet customer electricity needs over the next 20 years. It includes additional renewable and dispatchable generation to meet growing customer demand driven by economic development and increased capacity requirements established by the Southwest Power Pool. Companywide over the next 20 years, Evergy projects it will need to add 5,100 megawatts of renewable energy from wind and solar and 5,200 MW of firm, dispatchable generation – including 2,500 MW of new, hydrogen-capable natural gas generation across 2029-2032 – as its service area is experi

Evergy, Inc. (NASDAQ:EVRG) announced today that Mark Ruelle will not stand for reelection at Evergy's annual meeting on May 7, 2024 as he retires from Evergy's board of directors and his role as chairman at the end of his term. David Campbell, Evergy's president and chief executive officer, has been nominated by the board of directors to assume the role of chairman of the board following Evergy's annual meeting. Ruelle has served as non-executive chairman of the board since 2018, when predecessor companies Westar Energy, Inc. and Great Plains Energy merged to form Evergy. Prior to the merger, he served as a member of the board of directors, president and chief executive officer of Westar

Evergy Missouri West rates maintain price advantage compared with neighboring states Evergy, Inc. (NASDAQ:EVRG) filed a request and supporting documentation with the Missouri Public Service Commission today to recover investments made in generation capacity and grid modernization for customers in its Evergy Missouri West service area. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240202673788/en/Evergy Missouri rates have decreased since 2017 while rates regionally have increased. See Evergy news release for data sources and graph footnote. (Graphic: Business Wire) The Evergy Missouri West service area serves more than 340,00

Including this case, Evergy's Kansas electric rates have only increased 1% since 2017 Evergy, Inc. (NASDAQ:EVRG) today announced that a unanimous agreement has been reached with parties to its Kansas rate case. The agreement was filed Friday with the Kansas Corporation Commission and must be approved by the state's Commissioners, who are scheduled to issue an order in December. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230929801839/en/Map of Evergy's two Kansas service areas (Graphic: Business Wire) "This settlement is a very strong result for our customers," said David Campbell, Evergy president and chief executive. "As

Ongoing savings achieved since 2018 exceeded projections, reducing the overall Kansas rate increase request by more than 37% Today Evergy (NASDAQ:EVRG) filed a request and supporting documentation with the Kansas Corporation Commission to recover investments made to improve service to customers with a more reliable and resilient power grid and updated customer service systems. This is the first base rate review Evergy has requested in five years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230424005982/en/Regional changes in electricity rates (Graphic: Business Wire) Evergy was formed in 2018 by the merger of Westar Energy

Evergy, Inc. (NYSE:EVRG) today announced it will transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective as of the opening of trading on Wednesday, Dec. 28, 2022. The last day of trading on the NYSE will be Tuesday, Dec. 27, 2022. Evergy's common stock will continue to trade under the ticker symbol "EVRG." "Evergy prides itself on innovation and providing cost-effective power and clean energy to our customers, while bringing value to our shareholders," said David Campbell, Evergy President and Chief Executive Officer. "Our stock exchange move will allow us to benefit from Nasdaq's cutting-edge technology and information in s

Wind farm will expand Evergy's portfolio of owned renewable energy. Renewable energy will serve Evergy customers in Missouri. Evergy and a partnership between Scout Clean Energy and Elawan Energy announced today that Evergy will purchase the 199-megawatt Persimmon Creek Wind Farm in western Oklahoma for a purchase price of about $250 million. The renewable energy from this wind farm will serve customers in the Evergy Missouri West service area. "Evergy continues to tap into the Midwest's affordable renewable energy resources to serve our customers," said David Campbell, Evergy president and CEO. "Expanding our portfolio of renewable generation positions us to ensure customers receive

Evergy publishes three key stakeholder reports: 2021 Sustainability Report EEI ESG / Sustainability Template – Quantitative Information 2021 Sustainability Accounting Standards Board (SASB) Report Evergy (NYSE:EVRG) published three reports, including its 2021 Sustainability Report, that provide details on the company's achievements and progress toward environmental, social and governance (ESG) initiatives. Evergy's continued transition to more sustainable energy sources, being a great place to work for its employees, and commitment to the communities it serves are central to its ESG strategy. "Since forming Evergy in 2018, we've enhanced our ESG practices and disclosures. Last year

Ongoing savings from 2018 merger exceed projections, reduce the rate increase request by more than half. Today Evergy submitted a detailed rate review to the Missouri Public Service Commission (MPSC). The requested rate adjustment reflects investments to improve reliability, enhance customer service and enable the company's transition to cleaner energy resources. Missouri law requires Evergy to file a rate review to update rates at least once every four years. If approved, this will be the first base rate increase for Evergy Missouri customers in more than five years. In recent years, Evergy has reduced operating costs and is passing savings on to customers in this rate review at levels g

Lesley Elwell Named Chief Human Resources Officer; Greg Greenwood Named Chief Strategy Officer Evergy, Inc. (NYSE:EVRG) today announced Lesley Elwell will join the Company as Senior Vice President and Chief Human Resources Officer. In this role, Elwell will lead Evergy's Human Resources organization, with an emphasis on talent strategy, employee engagement, organizational development and performance management. She will report to David Campbell, Evergy's President and Chief Executive Officer. "Lesley's proven leadership will be invaluable to Evergy," said David Campbell, Evergy President and Chief Executive Officer. "She brings deep expertise and experience in leadership development, chan

Inaugural Kansas filing mirrors Missouri as energy company moves toward goal of net-zero carbon emissions. Today, Evergy filed its first Integrated Resource Plan (IRP) with the Kansas Corporation Commission. The plan prioritizes sustainability, reliability and cost competitiveness with retirement of 1,200 megawatts of coal-based fossil generation and the addition of 3,200 MW of renewable generation in the next 10 years. "We're on a journey to a cleaner energy future, while balancing the highest priorities of reliability and affordability for our customers," said David Campbell, president and chief executive officer. "Our coal-fired fossil plants are now more flexible than ever and frequen

GAAP EPS of $0.84; Adjusted EPS (Non-GAAP) of $0.55 Declares quarterly dividend of $0.535 Raises 2021 GAAP earnings guidance; affirms 2021 adjusted earnings guidance Evergy, Inc. (NYSE:EVRG) today announced first quarter 2021 earnings of $192 million, or $0.84 per share, compared with earnings of $69 million, or $0.31 per share, for the first quarter of 2020. Evergy's adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $125 million and $0.55, respectively, in the first quarter of 2021 compared with $94 million and $0.41, respectively, in the first quarter of 2020. Adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) are reconciled to GAAP

KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy, Inc. (NYSE: EVRG) today announced full year GAAP 2020 earnings of $618 million, or $2.72 per share, compared with earnings of $670 million, or $2.79 per share, for the full year 2019. Fourth quarter 2020 GAAP earnings were $51 million, or $0.22 per share, compared with earnings of $64 million, or $0.28 per share, for the fourth quarter of 2019. For the year, GAAP earnings decreased primarily due to lower retail sales driven by unfavorable weather and a decrease in weather-normalized demand primarily due to pandemic impacts. Also contributing to lower earnings was higher depreciation expense from infrastructure investments, severance and ad