Centrus Energy Corp. has extended its Section 382 Rights Agreement through June 30, 2029, after stockholders approved the move at the company’s June 18, 2026 annual meeting.
The amendment gives the Bethesda, Maryland-based nuclear fuel supplier three additional years of protection for its tax assets, including net operating loss carryforwards. The company said the rights plan is designed to help preserve those tax benefits under Section 382 of the Internal Revenue Code, which can limit use of tax assets if an ownership change occurs.
Centrus said the rights plan was originally in place to guard against a change in ownership that could materially restrict those tax assets. The company did not disclose any change in the amount of the tax assets themselves, only that the plan has been extended.
Separately, Centrus highlighted its operating history, saying it has supplied utility customers with more than 1,850 reactor years of fuel since 1998, equivalent to more than 7 billion tons of coal. Today the company's shares have moved 12.38% to a price of $191.39. If you want to know more, read the company's complete 8-K report here.
