News And Updates

11.23.2021

Centrus Announces Final Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

BETHESDA, MD. -- Centrus Energy Corp. today announced the final results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.18.2021

Centrus Announces Preliminary Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

Centrus Energy Corp. today announced the preliminary results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.17.2021

Oklo Teams Up with Centrus to Produce U.S.-based Fuel Supply to Support the Commercialization of Advanced Fission

Oklo Inc. and Centrus Energy Corp. have signed a non-binding Letter of Intent to cooperate in the deployment of a High-Assay, Low-Enriched Uranium production facility.  HALEU is an advanced fuel material that can be used to fuel both existing and advanced fission power plants.  Both companies are committed to working toward establishing domestic HALEU production capabilities to support the commercialization of Oklo’s power plants.

News Releases

11.10.2021

Centrus Reports Third Quarter 2021 Results

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020. The net income allocable to common stockholders in the third quarter of 2021 was $41.4 million, or $3.01 (basic) and $2.95 (diluted) per common share.

News Releases

11.08.2021

Centrus to Webcast Conference Call on November 11 at 8:30 a.m. ET

BETHESDA, Md. – Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, November 11, 2021, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2021, which ended September 30, 2021, after the close of markets on Wednesday, November 10.

News Releases

11.02.2021

X-energy Completes Preliminary Design of TRISO-X Fuel Fabrication Facility, Signs Contract with Centrus Energy for Next Phase of Work

X-energy and Centrus Energy Corp. announced that preliminary design of X-energy’s TRISO-X Fuel Fabrication Facility has been completed and that the companies have signed a contract for Centrus to continue its work as the project enters its next phase. 

News Releases

10.20.2021

Centrus Announces Commencement of Cash Tender Offer to Purchase All of Its Outstanding Series B Senior Preferred Stock and Consent Solicitation

Centrus announced that the Company is commencing a tender offer to purchase all of its outstanding Series B Senior Preferred Stock.

News Releases

09.09.2021

Centrus Energy Corp. to Present at Lake Street’s 5th Annual Best Ideas Growth (BIG5) Conference September 14-15, 2021

Centrus Energy, supplier of nuclear fuel components and services for the nuclear power industry that is also conducting a High-Assay, Low-Enriched Uranium (HALEU) enrichment demonstration program for the U.S. Department of Energy, announced that Daniel B. Poneman, President and Chief Executive Officer, and Philip Strawbridge, Chief Financial Officer, are scheduled to present at the Lake Street 5th Annual Best Ideas Growth (BIG5) Conference.

News Releases

08.11.2021

Centrus Reports Second Quarter 2021 Results

Centrus Energy Corp. today reported net income of $11.6 million for the quarter ended June 30, 2021, compared to net income of $33.7 million for the second quarter of 2020.

News Releases

08.09.2021

Centrus to Webcast Conference Call on August 12 at 8:30 a.m. ET

Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, August 12, 2021, at 8:30 a.m. ET. The Company will release its second quarter earnings report for 2021, which ended June 30, 2021, after the close of markets on Wednesday, August 11.

News Releases