Centrus Energy Extends Section 382 Rights Agreement

By Philip Seaworth • Saturday, June 20 16:09 • Permanent Link

Centrus Energy Corp. said it 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 is the seventh to the plan and pushes the expiration out from the prior term to 2029. Centrus said the rights plan is intended to protect tax assets tied to net operating loss carryforwards, which could be limited if the company triggers an ownership change under Section 382.

The company did not disclose any financial figures in the announcement, but it said the plan is designed to preserve tax assets associated with its NOLs. Centrus also noted that the rights plan is similar to those used by other public companies with significant net operating losses. The market has reacted to these announcements by moving the company's shares 12.38% to a price of $191.39. For the full picture, make sure to review CENTRUS ENERGY CORP's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.