CHS Inc. Files 8-K on Preferred Stock Series
Ticker: CHSCO · Form: 8-K · Filed: Sep 4, 2024
Sentiment: neutral
Topics: corporate-structure, preferred-stock, filing-update
TL;DR
CHS Inc. filed an 8-K detailing preferred stock series, no major financial news.
AI Summary
CHS Inc. filed an 8-K on September 4, 2024, to report on "Other Events." The filing details the company's corporate structure and preferred stock series, including A Preferred Stock, Class B Series 1, 2, 3, and 4 Preferred Stock, all with reporting dates of September 4, 2024. No specific financial transactions or significant business developments were detailed in this particular filing.
Why It Matters
This filing provides an update on CHS Inc.'s corporate structure, specifically detailing various series of preferred stock, which is important for understanding the company's capital structure and shareholder rights.
Risk Assessment
Risk Level: low — The filing is procedural and does not indicate any new financial risks or significant operational changes for CHS Inc.
Key Players & Entities
- CHS Inc. (company) — Registrant
- A Preferred Stock (company) — Preferred Stock Series
- Class B Series 1 Preferred Stock (company) — Preferred Stock Series
- Class B Series 2 Preferred Stock (company) — Preferred Stock Series
- Class B Series 3 Preferred Stock (company) — Preferred Stock Series
- Class B Series 4 Preferred Stock (company) — Preferred Stock Series
FAQ
What is the primary purpose of this 8-K filing by CHS Inc.?
The primary purpose of this 8-K filing by CHS Inc. is to report on "Other Events," specifically detailing its corporate structure related to various series of preferred stock.
What specific series of preferred stock are mentioned in the filing?
The filing mentions A Preferred Stock, Class B Series 1 Preferred Stock, Class B Series 2 Preferred Stock, Class B Series 3 Preferred Stock, and Class B Series 4 Preferred Stock.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported in this 8-K is September 4, 2024.
Does this filing report any specific financial transactions or material business developments?
Based on the provided text, this filing focuses on corporate structure and preferred stock series and does not detail specific financial transactions or material business developments.
What is the state of incorporation for CHS Inc.?
CHS Inc. is incorporated in Minnesota (MN).
Filing Stats: 518 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-09-04 16:25:31
Key Financial Figures
- $0 — declared regular quarterly dividends of $0.50, $0.492188, $0.443750, $0.421875 and
- $0.421875 — vidends of $0.50, $0.492188, $0.443750, $0.421875 and $0.468750 on our 8% Cumulative Rede
- $0.468750 — 50, $0.492188, $0.443750, $0.421875 and $0.468750 on our 8% Cumulative Redeemable Preferr
- $25.00 — Preferred Stock Series 4, respectively, $25.00 per share, payable on September 30, 202
Filing Documents
- chscp-20240904.htm (8-K) — 34KB
- 0000823277-24-000035.txt ( ) — 214KB
- chscp-20240904.xsd (EX-101.SCH) — 4KB
- chscp-20240904_def.xml (EX-101.DEF) — 16KB
- chscp-20240904_lab.xml (EX-101.LAB) — 31KB
- chscp-20240904_pre.xml (EX-101.PRE) — 17KB
- chscp-20240904_htm.xml (XML) — 6KB
01 Other Events
Item 8.01 Other Events. On September 4, 2024, CHS Inc. declared regular quarterly dividends of $0.50, $0.492188, $0.443750, $0.421875 and $0.468750 on our 8% Cumulative Redeemable Preferred Stock, Class B Cumulative Redeemable Preferred Stock Series 1, Class B Reset Rate Cumulative Redeemable Preferred Stock Series 2, Class B Reset Rate Cumulative Redeemable Preferred Stock Series 3 and Class B Cumulative Redeemable Preferred Stock Series 4, respectively, $25.00 per share, payable on September 30, 2024, to Shareholders of record on September 16, 2024. This Current Report on Form 8-K is being filed in accordance with Nasdaq Listing Rule 5250(e)(6)(ii) and Rule 10b–17 of the Securities Exchange Act of 1934, as amended.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHS Inc. Date: September 4, 2024 By: /s/ Olivia Nelligan Olivia Nelligan Executive Vice President, Chief Financial Officer and Chief Strategy Officer