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VISTRA CORP. : Regulation FD Disclosure (form 8-K)

11/15/2021 | 07:35am EST

Item 7.01. Regulation FD Disclosure

On November 12, 2021, pursuant to the Tax Receivable Agreement, dated as of October 3, 2016 ("Agreement"), entered into by and between Vistra Corp. (f/k/a Vistra Energy Corp. and TEX Energy LLC) ("Company") and American Stock Transfer & Trust Company, LLC, as transfer agent ("Transfer Agent"), pursuant to which the respective holders ("Holders") of certain rights thereunder have beneficial interests in certain payments in respect of cumulative tax benefits realized by the Company (together with other benefits appertaining to such Holders, the "TRA Rights"), the Company provided notice to such Holders of an annual tax payment to be made in accordance with the terms of the Agreement.

For the subject taxable year of 2020, an annual tax payment with an aggregate value of $2,196,898 (which represents $2,149,485 as a return of basis and $47,413 as interest income) will be paid on November 29, 2021 to Holders of record as of November 22, 2021. The Company estimates the value of each TRA Right on October 3, 2016 (the "TCEH Effective Date") to equal $2.99924 and the Company has made approximately $44.5 million of prior payments in respect of the TRA Rights.

Under Federal income tax law, paying agents may be required to withhold up to 30% of the interest income amount to be paid to particular Holders for their proportion of ownership of the TRA Rights if such Holder has failed to furnish a taxpayer identification number certified to be correct under penalties of perjury. Holders with questions regarding such withholdings may contact the Transfer Agent by phone at 1-800-937-5449 to inquire on the status of the account.

The information furnished pursuant to this Item 7.01 shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filing under the Securities Act unless specifically identified therein as being incorporated therein by reference.


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Financials (USD)
Sales 2021 13 510 M - -
Net income 2021 -608 M - -
Net Debt 2021 9 198 M - -
P/E ratio 2021 -18,9x
Yield 2021 2,73%
Capitalization 10 599 M 10 599 M -
EV / Sales 2021 1,47x
EV / Sales 2022 1,47x
Nbr of Employees 5 365
Free-Float -
Duration : Period :
Vistra Corp. Technical Analysis Chart | VST | US92840M1027 | MarketScreener
Technical analysis trends VISTRA CORP.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 10
Last Close Price 21,96 $
Average target price 27,80 $
Spread / Average Target 26,6%
EPS Revisions
Managers and Directors
Curtis A. Morgan Chief Executive Officer & Director
James A. Burke President & Chief Financial Officer
Scott B. Helm Chairman
Tom Farrah Chief Information Officer & Senior Vice President
Stephanie Zapata Moore Chief Compliance Officer, EVP & General Counsel
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