Printer Friendly

ATMOS ENERGY OFFERS COMMISSION-FREE INVESTING WITH DIRECT STOCK PURCHASE PLAN

 ATMOS ENERGY OFFERS COMMISSION-FREE INVESTING
 WITH DIRECT STOCK PURCHASE PLAN
 DALLAS, Aug. 3 /PRNewswire/ -- Atmos Energy Corporation (NYSE: ATO) today announced a direct stock purchase plan that allows investors and customers to purchase common shares directly from the company without commission fees.
 "The Atmos direct stock purchase plan offers an easy and affordable program for customers and others to become shareholders through direct purchases of common stock without brokerage fees," said Charles K. Vaughan, Atmos chairman, president and chief executive officer.
 The company, which operates in Texas, Louisiana and Kentucky, is the first public utility in those states to offer a direct stock purchase plan. A variety of features and options allows investors to tailor the plan to meet specific investment needs.
 The minimum initial investment is $200, and investors can purchase stock as often as monthly with optional cash payments of $25 or more. The annual maximum investment is $60,000.
 The Atmos plan also provides a 3 percent discount on shares purchased with reinvested dividends. The investor can choose to have automatic reinvestment of all or part of the dividends paid on the stock. The current indicated annual dividend is $1.24 per share.
 An individual retirement account (IRA) can be established or an existing IRA can be rolled over with the plan, and an investor can make transfers or gifts of Atmos stock to another person or charity through the plan. This plan replaces the existing Atmos dividend reinvestment plan and participants in that plan are automatically enrolled in the direct stock purchase plan.
 A prospectus offering participation in the plan and enrollment forms are available from the company. This is not an offer to sell nor a solicitation of


an offer to buy any securities. The offering will be made only by prospectus. For information, call the company toll-free at 800-38-ATMOS, or write Atmos Energy Corporation, Shareholder Relations, P.O. Box 650205, Dallas, Texas, 75265-0205.
 Atmos Energy Corporation of Dallas provides natural gas service to more than one-half million customers in Texas, Louisiana and Kentucky through its operating companies -- Energas Company, Trans Louisiana Gas Company and Western Kentucky Gas Company.
 -0- 8/3/92
 /CONTACT: Margaret Watson, 214-450-4050, or Jack Eversull (investors), 214-788-3729, both of Atmos Energy/
 (ATO) CO: Atmos Energy Corporation ST: Texas IN: OIL SU:


CK -- NY033 -- 6062 08/03/92 10:44 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 3, 1992
Words:390
Previous Article:DURAKON ANNOUNCES SECOND QUARTER 1992 OPERATING RESULTS
Next Article:PHIL-A-JOB YOUTH COMPETE IN SIXTH ANNUAL CORESTATES FINANCIAL CORP CITYWIDE SPELLING BEE
Topics:


Related Articles
ATMOS ENERGY CORPORATION REPORTS IMPROVED EARNINGS IN FIRST QUARTER
ATMOS ENERGY CORPORATION DECLARES QUARTERLY DIVIDEND
ATMOS ENERGY REQUESTS RATE INCREASE
ATMOS ENERGY DECLARES QUARTERLY DIVIDEND
ATMOS ENERGY CORPORATION ANNOUNCES IMPROVED THIRD QUARTER RESULTS
ATMOS ENERGY CORPORATION INCREASES QUARTERLY DIVIDEND
ATMOS ENERGY COMPLETES ACQUISITION OF GREELEY GAS COMPANY
ATMOS ENERGY TO WITHDRAW FROM RATE SETTLEMENT IN KENTUCKY
PHILADELPHIA SUBURBAN CORPORATION ANNOUNCES LIMITED STOCK OFFERING TO CUSTOMERS
Atmos Energy Reaches Definitive Agreement to Acquire Louisiana Assets Of Citizens Utilities Company.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters