Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 581

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 581
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)Currently, all shares are held by Entergy Corporation.The number of shares authorized and outstanding and dollar value of preferred stock for Entergy Texas as of December 31, 2024 and 2023 are presented below. SharesAuthorizedand OutstandingCall Price perShare as ofDecember 31, 20242023202420232024Entergy Texas Preferred Stock  (Dollars in Thousands) Without sinking fund:     Cumulative, $25 par value:     5.375% Series (a)1,400,000 1,400,000 $35,000 $35,000 $— 5.10% Series (b)150,000 150,000 3,750 3,750 $25.50 Total without sinking fund1,550,000 1,550,000 $38,750 $38,750  (a)In September 2019, Entergy Texas issued $35 million of 5.375% Series A Preferred Stock, a total of 1,400,000 shares with a liquidation value of $25 per share, all of which are outstanding as of December 31, 2024.  The dividends are cumulative and payable quarterly.  The preferred stock is redeemable on or after October 15, 2024 at Entergy Texas’s option, at a fixed redemption price of $25 per share.(b)In November 2021, Entergy Texas issued $3.75 million of 5.10% Series B Preferred Stock, a total of 150,000 shares with a liquidation value of $25 per share, all of which are outstanding and held by Entergy Corporation as of December 31, 2024.  The dividends are cumulative and payable quarterly.  The preferred stock is redeemable at Entergy Texas’s option at a fixed redemption price of $25.50 per share prior to November 1, 2026 and at a fixed redemption price of $25 per share on or after November 1, 2026.Dividends and distributions paid on all of Entergy Corporation’s subsidiaries’ preferred stock and membership interests series may be eligible for the dividends received deduction.The dollar value of noncontrolling interest for Entergy Arkansas as of December 31, 2024 and 2023 is presented below.20242023(In Thousands)Entergy Arkansas Noncontrolling InterestAR Searcy Partnership, LLC (a)$15,168 $