What is NiSource's preferred stock redemption?

NiSource (NI) reported preferred stock redemption of $3.6M in Q1 2026.

What does preferred stock redemption mean?

The total cash outflow associated with the repurchase or retirement of preferred stock shares. This reflects the company's decision to reduce its preferred equity obligations, often to optimize the capital structure or reduce dividend burdens.

NiSource NI Preferred stock redemption

Preferred stock redemption at other companies

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$1.2M+4.5%

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$4.31M+186%

Ondas, Inc. ONDS

$817K+554%

General MotorsGM

$29M+14.9%

FTAI Aviation Ltd.FTAI

$0-100%

Plains All American Pipeline, L.P.PAA

$333M—

Other financials

Income statement

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Revenue$2.3B+8.0%

Gross profit$1.7B+10.1%

Operating income$819.2M+7.9%

Net income$507.1M+6.8%

EPS (diluted)$1.06+6.0%

Balance sheet

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Cash & equivalents$71.9M-72.3%

Total debt$16.7B+23.1%

Total equity$9.7B+8.6%

Total assets$36.6B+10.6%

Cash flow

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Operating cash flow$442.3M-35.6%

CapEx$805.2M+26.3%

Free cash flow-$362.9M-839%

Valuation

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Market cap$22.38B+15.2%

Enterprise value$39.06B+16.4%

P/E23.3×+1.4×

P/S2×0.0×

Profitability

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Gross margin44.9%-0.7pp

Operating margin16.7%-0.3pp

Net margin8.5%-0.6pp

FCF margin-7.3%+0.7pp

Returns & leverage

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Return on equity10.4%0.0pp

Debt / equity1.7×+0.2×

Current ratio0.6×+0.1×

Where this comes from

Reported directly by NiSource in its filing.

Tagged under the XBRL concept nix:PreferredStockRedemption.

The official record: NiSource’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NiSource's preferred stock redemption?: NiSource (NI) reported preferred stock redemption of $3.6M in Q1 2026.
What does preferred stock redemption mean?: The total cash outflow associated with the repurchase or retirement of preferred stock shares. This reflects the company's decision to reduce its preferred equity obligations, often to optimize the capital structure or reduce dividend burdens.