Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 174

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 174
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 Edison International's common stock with respect to dividends rights and distribution rights upon liquidation. The preferred stocks are not subject to any mandatory sinking fund, retirement fund, purchase fund or other similar provisions. Holders of the shares of the preferred stocks do not have the right to require Edison International to repurchase or redeem shares of the preferred stocks.Preferred and Preference Stock of UtilitySCE's authorized shares are: $100 cumulative preferred – 12 million shares, $25 cumulative preferred – 24 million shares and preference with no par value – 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