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Black Hills (BKH) investor relations material
Black Hills AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting held virtually to ensure secure and convenient shareholder participation.
Polls for voting on all matters were opened at the start of the meeting.
Only business described in the meeting notice was conducted, following South Dakota law.
Shareholder proposals
Six proposals were presented: issuance of shares for a merger, increase in authorized shares, name change, increase in authorized indebtedness, advisory vote on executive compensation, and potential adjournment.
Overview of voting outcomes
All six proposals received more than the required number of votes to pass.
No need to adjourn the meeting for further vote solicitation.
Final voting results will be reported on Form 8-K with the SEC.
- 2025 adjusted EPS grew 5% to $4.10, with 2026 guidance for 6% growth and a major merger pending.BKH
Q4 202512 Apr 2026 - Annual meeting highlights merger, director elections, pay-for-performance, and ESG progress.BKH
Proxy Filing18 Mar 2026 - 4–6% EPS growth, $4.7B capital plan, and NorthWestern merger drive long-term value.BKH
Investor presentation16 Mar 2026 - All-stock merger forms a top regional utility, doubling rate base and targeting 5%-7% EPS growth.BKH
M&A Announcement4 Feb 2026 - Q2 2024 net income was $22.8M, EPS $0.33, and 2024 guidance reaffirmed at $3.80–$4.00.BKH
Q2 20242 Feb 2026 - Q3 EPS declined, but 2024 guidance and growth plans are supported by strong demand and investments.BKH
Q3 202415 Jan 2026 - Record dividend growth, robust financials, and major strategic projects advanced.BKH
AGM 202525 Dec 2025 - 2024 EPS up 4.3% to $3.91, $4.7B capital plan, and 2025 EPS guidance at $4.00–$4.20.BKH
Q4 202417 Dec 2025 - Annual meeting to vote on directors, auditor, and executive pay, with strong ESG and financial results.BKH
Proxy Filing1 Dec 2025
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