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Via Renewables Announces Final Results Of Its Tender Offer

1. Via Renewables completed a tender offer for 200,000 shares at $22.50 each. 2. The offer indicates strong confidence in their financial stability.

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FAQ

Why Bullish?

The buyback demonstrates financial health, potentially boosting investor confidence, similar to past buybacks enhancing stock value.

How important is it?

The tender offer is a critical indicator of the company's strategy, impacting investor perception significantly.

Why Short Term?

Immediate share repurchase could lead to a price increase, reflecting increased demand in the market.

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HOUSTON, TX / ACCESS Newswire / February 19, 2025 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIASP), an independent retail energy services company, announced today the final results of its tender offer to purchase up to 200,000 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock" or the "shares"), at a purchase price of $22.50 per share, in cash, less applicable withholding taxes and without interest. The offer expired at 5:00 p.m.

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