Spire is set to acquire Duke Energy’s Piedmont Natural Gas Tennessee business in early 2026 pending Tennessee PUC approval. Fiscal 2025 saw $4.45 per share in adjusted earnings and a 5.1% dividend increase. The company invested $922 million in utilities and achieved regulatory milestones. Leadership transitions and financial performance were highlighted at Spire’s Annual Meeting of Stockholders. Fiscal 2026 priorities include closing the Tennessee acquisition and maintaining reliability and affordability for customers. Regulatory progress was noted in Missouri and Alabama, with plans to close the acquisition in 2026. Doyle stated that Spire remains on track and is making progress on all fronts, including regulatory and financial aspects. Operational planning includes an 18-month transition service agreement for continuity. Spire continues to prioritize safe and reliable service, efficient execution of the capital plan, and disciplined cost management. Shareholders approved compensation for named executive officers and ratified the appointment of Deloitte & Touche as the independent registered public accountant. Founded in 1857, Spire Inc. is a regulated natural gas distribution company serving over 1.7 million customers across three operating divisions.

Read more at Yahoo Finance: Spire Spotlights FY2025 Results, 23rd Straight Dividend Hike, Tennessee Expansion at Annual Meeting