Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 298

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1A
Chunk 298
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 50 million shares. There were no preferred shares issued or outstanding as of December 31, 2024 and 2023. Shares of SCE's preference stock rank senior to SCE's common stock with respect to dividend rights and distribution rights upon liquidation. SCE's outstanding preference shares are not subject to mandatory redemption and there is no sinking fund requirement for redemptions or repurchases of preference shares. There are no dividends in arrears for the preference shares.

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Table of Contents

The following table summarizes preference stocks (dividends declared per share are for 2024):Issue DateSharesOutstandingRedemptionPrice perShareDividendsDeclared perShareDecember 31,(in millions, except shares and per share amounts)20242023No par value (cumulative):3-month SOFR+4.199% Series E 2012—$1,000 $24.418 $— $350 5.10% Series G 201388,0042,500 127.500 220 220 3-month SOFR+2.99% Series H 2014—2,500 187.776 — 275 5.375% Series J 2015130,0042,500 134.375 325 325 5.45% Series K 2016120,0042,500 136.250 300 300 5.00% Series L2017190,0042,500 125.000 475 475 7.50% Series M 2023220,0042,500 199.479 550 550 6.95% Series N2024140,0042,500 102.319350 —SCE's preference stock2,220 2,495 Less: issuance costs(45)(52)Edison International's preference stock of utility$2,175 $2,443 Shares of Series E, G, H and L preference stock may be redeemed at par, in whole or in part. Shares of Series J, K, and M preference stock may be redeemed at par, in whole, but not in part, at any time prior to September 15, 2025, March 15, 2026, and November 22, 2028, respectively, if certain changes in tax or investment company law or interpretation (or applicable rating agency equity credit criteria for Series L and M only) occur and certain other conditions are satisfied. On