BIRMINGHAM, Ala., Sept. 7,
2022 /PRNewswire/ -- Alabama Power Company today
announced that it issued a notice of redemption for 5.00% Class A
Preferred Stock, Cumulative, Par Value $1 Per Share (Stated Capital $25 Per Share) CUSIP No. 010392462 (NYSE: ALP PR
Q) (the "5.00% Preferred Stock").
The redemption date for the 5.00% Preferred Stock will be
October 14, 2022. The redemption
price per share for the 5.00% Preferred Stock to be redeemed shall
be equal to $25.00 per share plus
accrued and unpaid dividends of $0.045 per share.
Regular dividends on the 5.00% Preferred Stock being redeemed
are payable October 1, 2022, to each
holder of record on September 16,
2022. No dividends on the 5.00% Preferred Stock being
redeemed will accrue on or after the redemption date, nor will any
interest accrue on amounts held to pay the redemption price.
Questions relating to, and requests for copies of the notice of,
this redemption should be directed to EQ Shareowner Services
at 800-468-9716.
About Alabama Power
Alabama Power, a subsidiary of
Atlanta-based Southern Company
(NYSE:SO), provides reliable, affordable electricity to 1.5
million customers across the state. Learn more
at www.alabamapower.com.
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SOURCE Alabama Power Company