EVRG · 8-K · 20260806PR336661
Convertible Note Repurchase
Evergy, Inc. · 2026-08-06 · Importance 58 · Surprise 42 · In source text
Evergy repurchased $244.1 million of aggregate principal amount of its convertible notes during the first quarter of 2026. The repurchase generated $10.3 million of losses and fees recorded in interest expense. Those losses and fees were excluded from year-to-date adjusted earnings and adjusted EPS.
Key facts
- Evergy repurchased $244.1 million aggregate principal amount of its Convertible Notes in the first quarter 2026. source
- Losses and fees related to the Convertible Notes repurchase were $10.3 million (pre-tax) included in interest expense. source
- Adjusted earnings reconciling items year to date include losses from the repurchase of convertible notes, pre-tax: $10.3 million (0.05 per diluted share). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | realized | — | Evergy repurchased $244.1 million aggregate principal amount of its Convertible Notes in the first quarter 2026. |
| cash | negative | realized | — | Evergy repurchased $244.1 million aggregate principal amount of its Convertible Notes in the first quarter 2026. |