Vistra Corp. Completes Redemption of All Series A Preferred Stock Shares

In a strategic move aimed at enhancing shareholder value, Vistra Corp. (NYSE: VST) has announced the redemption of all outstanding shares of its Series A Preferred Stock, which carry an annual fixed rate of 8.0%. This decision marks a pivotal point for the company, as it aligns with their ongoing commitment to financial stability and shareholder returns.

On October 15, 2026, Vistra officially declared the redemption of every one of the one million shares of its Series A Preferred Stock, valued at $1,000 per share, thereby amounting to an impressive total of $1.0 billion in aggregate liquidation preference. This process adheres to the terms outlined in its governing documents, demonstrating Vistra's commitment to operational transparency and adherence to financial regulations.

Prior to the redemption, Vistra had declared distributions on the Series A Preferred Shares, dated October 15, 2026, effectively eliminating any accrued and unpaid dividends as of the redemption date. In accordance with the company's procedures, formal notices of redemption were dispatched to record holders, in line with the terms established for the Series A Preferred Stock and the applicable processes of Cede & Co., the nominee for the Depository Trust Company (DTC).

Equiniti Trust Company, LLC served as the redemption and paying agent, providing vital information regarding procedures related to the redemption, accrued dividends, and necessary actions required by shareholders. As of the redemption date, the Series A Preferred Stock shares ceased to be considered outstanding, and dividends ceased to accrue. The only remaining rights of the shareholders involve receiving the stated redemption price along with any outstanding dividends tied to their shares.

About Vistra Corp.

Vistra, headquartered in Irving, Texas, stands tall as a Fortune 500 integrated retail electricity and power generation company. It provides essential energy resources to customers and communities across diverse regions, from California to Maine. As a frontrunner in the energy landscape transformation, Vistra emphasizes reliability, affordability, and sustainability in its operations. The company operates a robust and efficient fleet of power generation sources, including nuclear, natural gas, coal, solar, and battery energy storage facilities. Aiming to prioritize customer satisfaction, Vistra adopts an innovative, customer-centric approach to its retail electricity business.

This redemption of Series A Preferred Stock is not just a financial maneuver but a signal of Vistra Corp.'s strong position in the market and its dedication to returning value to its shareholders. As Vistra continues to lead in the energy sector, this action underscores its strategic financial management and commitment to excellence in service delivery.

In conclusion, Vistra's successful redemption of the Series A Preferred Stock is a significant development in its financial strategy, which intends to foster stronger investor confidence and reflect the company's strong financial health moving forward.