reports
Vectren Declares Dividend
Vectren Declares Dividend EVANSVILLE, Ind., Jan. 16, 2019 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) announced the Board of Directors has declared a dividend of $0.005275 per share of common stock, per day, which reflects the dividend of $0.48 per share as approved by the Board in November 2018, divided by 91 which represents the number of days between November 15, 2018, the last shareholder record date, and the next regular shareholder record date of February 14, 2019. As previously announced, Vectren entered into a definitive merger agreement with CenterPoint Energy, Inc. (Cen...
- GlobalData Department
Vectren Corp (VVC) - Power - Deals and Alliances Profile
Summary Vectren Corp (Vectren) is an energy holding company, which carries out the distribution and transmission of natural gas and electricity. Under its wholly owned subsidiary, Vectren Utility Holdings, Inc., the company operates three utilities; Vectren Energy Delivery of Indiana - North (Vectren North), Vectren Energy Delivery of Indiana - South (Vectren South) and Vectren Energy Delivery of Ohio, Inc. (VEDO). Vectren North provides natural gas to customers in central and southern Indiana;...
Vectren Corporation Reports Third Quarter 2018 Results; Affirms 2018 C...
Vectren Corporation Reports Third Quarter 2018 Results; Affirms 2018 Consolidated Guidance; Increases Dividend 59th Consecutive Year EVANSVILLE, Ind., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE:VVC) today reported results for the three months ended September 30, 2018 of $50.4 million, or $0.61 per share, compared to earnings of $61.9 million, or $0.75 per share for the three months ended September 30, 2017. During the quarter, the company incurred $11.1 million, $8.8 million after tax, or $0.10 per share, of expenses related to the merger with CenterPoint Energy announced...
Vectren Increases Dividend 6.7 Percent; Marks 59th Consecutive Year of...
Vectren Increases Dividend 6.7 Percent; Marks 59th Consecutive Year of Dividend Increases EVANSVILLE, Ind., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) announced the Board of Directors has declared a quarterly dividend of $0.48 per share, up 6.7 percent from the current quarterly dividend of $0.45 per share. This equates to an annualized dividend of $1.92 per share, up from the current annualized dividend of $1.80 per share. The quarterly dividend will be payable December 3, 2018, to shareholders of record at the close of business on November 15, 2018. “The dividend...
- GlobalData Department
Vectren Corp (VVC) - Oil & Gas - Deals and Alliances Profile
Summary Vectren Corp (Vectren) is an energy holding company, which carries out the distribution and transmission of natural gas and electricity. Under its wholly owned subsidiary, Vectren Utility Holdings, Inc., the company operates three utilities; Vectren Energy Delivery of Indiana - North (Vectren North), Vectren Energy Delivery of Indiana - South (Vectren South) and Vectren Energy Delivery of Ohio, Inc. (VEDO). Vectren North provides natural gas to customers in central and southern Indiana;...
Vectren Schedules 2018 Third Quarter Earnings Release and Conference C...
Vectren Schedules 2018 Third Quarter Earnings Release and Conference Call EVANSVILLE, Ind., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) will announce its 2018 third quarter results after the market closes on Monday, November 5, 2018. Vectren management will discuss those results during a conference call at 2:00 p.m. ET on Tuesday, November 6, 2018. To participate in the call, analysts should dial 1-844-825-9787 ten minutes prior to the start time and refer to the Vectren Corporation 2018 Third Quarter Earnings Call. All interested investors may listen to a live audi...
CenterPoint Energy and Vectren merger receives FERC approval
CenterPoint Energy and Vectren merger receives FERC approval EVANSVILLE, Ind., Oct. 05, 2018 (GLOBE NEWSWIRE) -- The Federal Energy Regulatory Commission (FERC) today approved the merger of CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC), one step closer in the process of combining the two energy companies. “We are pleased by the FERC’s decision today to approve the merger between Vectren and CenterPoint Energy, moving us closer to finalizing the transaction,” said Carl Chapman, Chairman, President and CEO of Vectren. “We continue to anticipate a closing no late...
Vectren Shareholders Approve Merger with CenterPoint Energy
Vectren Shareholders Approve Merger with CenterPoint Energy EVANSVILLE, Ind., Aug. 28, 2018 (GLOBE NEWSWIRE) -- Shareholders of Vectren Corporation (NYSE:VVC) today approved the merger of CenterPoint Energy and Vectren Corporation during a special shareholders meeting held to conduct a vote on matters relating to the proposed merger. The proposal to approve the merger was supported by 61.6 percent of Vectren Corporation’s outstanding common shares entitled to vote, or more than 95 percent of the shares voted. Also approved was the non-binding advisory proposal regarding compensation for t...
Vectren to Webcast Special Meeting of Shareholders
Vectren to Webcast Special Meeting of Shareholders EVANSVILLE, Ind., Aug. 27, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) will webcast the special shareholders meeting to be held to conduct a vote on matters relating to the proposed merger between Vectren and CenterPoint Energy, Inc. The webcast will begin promptly at 9 am CDT on August 28, 2018. All interested parties may listen to a live audio-only webcast that will be available on Vectren’s Investor Relations homepage, investors.vectren.com, by clicking on the “Vectren’s 2018 Special Shareholders’ Meeting” webcast link n...
Vectren Corporation Reports Second Quarter 2018 Results; Affirms 2018 ...
Vectren Corporation Reports Second Quarter 2018 Results; Affirms 2018 Guidance EVANSVILLE, Ind., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE:VVC) today reported results for the three months ended June 30, 2018 of $22.2 million, or $0.27 per share, compared to earnings of $37.6 million, or $0.45 per share for the three months ended June 30, 2017. During the quarter, the company incurred $15.3 million, $11.4 million after tax, or $0.14 per share, of expenses related to the merger with CenterPoint Energy. Also in the quarter, the company reflected a $13.1 million after tax ch...
Vectren Declares Quarterly Dividend
Vectren Declares Quarterly Dividend EVANSVILLE, Ind., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) announced the Board of Directors declared a quarterly common stock dividend of 45 cents per share, the same as last quarter which reflected the 7.1 percent increase announced in November of 2017. The dividend will be payable September 4, 2018, to shareholders of record at the close of business on August 15, 2018. Last year’s increase extended Vectren and predecessor companies’ record of increasing annual dividends paid to 58 consecutive years. About VectrenVectren Cor...
Vectren Schedules 2018 Second Quarter Earnings Release and Conference...
Vectren Schedules 2018 Second Quarter Earnings Release and Conference Call EVANSVILLE, Ind., July 12, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE:VVC) will announce its 2018 second quarter results after the market closes on Wednesday, August 1, 2018. Vectren management will discuss those results during a conference call at 2:00 p.m. ET on Thursday, August 2, 2018. To participate in the call, analysts should dial 1-844-825-9787 ten minutes prior to the start time and refer to the Vectren Corporation 2018 Second Quarter Earnings Call. All interested investors may listen to a live ...
The Law Offices of Vincent Wong Notifies Investors of an Investigation...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Vectren Corporation (“Vectren” or the “Company”) (NYSE:VVC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to CenterPoint Energy, Inc. (NYSE:CNP). Under the terms of the deal, Vectren stockholders will receive $72 in cash for each share of Vectren they own. The investigation concerns whether the Vectren Board of Directors breached their fiduciary duties t...
VECTREN INVESTOR ALERT by the Former Attorney General of Louisiana: Ka...
NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Vectren Corporation (“Vectren”) (NYSE: VVC) to CenterPoint Energy, Inc. (NYSE: CNP). Under the terms of the proposed transaction, shareholders of Vectren will receive only $72.00 in cash for each share of Vectren common stock that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the...
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of V...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Vectren Corporation (NYSE: VVC)? Did you purchase any of your shares prior to April 23, 2018? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Vectren Corporation (“Vectren” or the “Company”) (NYSE: VVC) regarding possible...
INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investig...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Vectren Corporation (“Vectren” or the “Company”) (NYSE: VVC) stock prior to April 23, 2018. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Vectren to CenterPoint Energy, Inc. (NYSE: CNP) for $72.00 per share. To learn more about the action and your rights, go to: http://www.zlk.com/mna/vectren-corpora...
VECTREN CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Bris...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Vectren Corporation (“Vectren”) (NYSE: VVC) concerning the sale to CenterPoint Energy, Inc. Under the terms of the agreement, Vectren shareholders will only receive $72.00 for each share owned, which is virtually no premium over the 52-week high. If you are an affected investor, and you want to learn more about the investigation or if you have information...
INVESTOR ALERT: Brower Piven Commences an Investigation into the Propo...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Vectren Corporation (NYSE: VVC) (“Vectren” or the “Company”) relating to the proposed buyout of Vectren by CenterPoint Energy, Inc. Under the terms of the agreement, Vectren shareholders are anticipated to receive $72.00 in cash for each share of Vectren common stock held. T...
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Pr...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Vectren Corporation (NYSE: VVC) (“Vectren” or the “Company”) relating to the proposed buyout of Vectren by CenterPoint Energy, Inc. Under the terms of the agreement, Vectren shareholders are anticipated to receive $72.00 in cash for each share of Vectren common stock held. T...
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of...
NEW YORK--(BUSINESS WIRE)-- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Vectren Corporation (NYSE: VVC) stockholders concerning the proposed acquisition of the company by CenterPoint Energy, Inc. (NYSE: CNP). Our investigation concerns whether Vectren’s board of directors failed to adequately shop the Company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with CenterPoint Energy. Under the terms of the agreement, Vectren stockholders wi...
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