Business Context and Reporting Period
Company: SPIRE INC
Filing Type: Form 8-K (Current Report)
Date of Report: January 29, 2026
Event: Announcement of the redemption of all outstanding Series A Cumulative Redeemable Perpetual Preferred Stock.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, operating margins, or general liquidity metrics. The financial details provided are specific to the preferred stock redemption:
- Security Redeemed: 10,000 shares of Series A Cumulative Redeemable Perpetual Preferred Stock (par value $25.00; liquidation preference $25,000 per share).
- Depositary Shares: Corresponding depositary shares (each representing a 1/1,000th interest) will also be redeemed.
- Redemption Price: $25.00 per depositary share (equivalent to $25,000 per preferred share).
- Accrued Dividends: Plus $0.36056 per depositary share, representing accumulated and unpaid dividends up to, but not including, the redemption date.
- Anticipated Redemption Date: February 13, 2026.
Material Changes
Upon the redemption date:
- The Series A Preferred Stock and related Depositary Shares will cease to be outstanding.
- All rights of the holders will terminate, except for the right to receive the cash payable upon redemption (without interest).
- The securities will be delisted from the New York Stock Exchange.
- Dividend accumulation on the Series A Preferred Stock will cease immediately prior to the Redemption Date.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of general risks. The primary contingency noted is the scheduled delisting of the preferred stock and the cessation of dividend obligations effective February 13, 2026.
Investor Verification Checklist
- Verify the exact cash outflow required for the redemption on February 13, 2026, including the final accrued dividend calculation.
- Confirm the delisting of SR.PA (Depositary Shares) from the New York Stock Exchange post-redemption.
- Review the impact of this redemption on the company's capital structure and future dividend obligations.
- Check for any related press release (Exhibit 99.1) for additional context on the funding source for the redemption.