Southern Company Files Preliminary Proxy for 2026 Annual Meeting and Charter Amendments
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Key Takeaways
- The 2026 annual meeting is scheduled for May 13 in a virtual-only format.
- Proposed charter amendments include authorizing additional common stock and new preferred stock.
- Shareholders will vote on the election of 12 director nominees.
- The agenda includes a proposal for officer exculpation and the ratification of Deloitte & Touche as auditors.
Southern Company filed a preliminary proxy statement with the SEC on March 23, 2026, outlining the agenda for its upcoming annual meeting of stockholders. The meeting is scheduled for May 13, 2026, at 10:00 a.m. ET and will be conducted in a virtual-only format. Stockholders of record as of the close of business on March 23, 2026, are entitled to participate and vote.
The company is seeking shareholder approval for several significant amendments to its Restated Certificate of Incorporation. Key proposals include the authorization of additional shares of common stock and the creation of a class of preferred stock. The board is also proposing an amendment to provide for officer exculpation and various miscellaneous updates to modernize the corporate charter.
The meeting agenda includes the election of 12 directors to the board. Other management proposals consist of an advisory vote on executive compensation and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the 2026 fiscal year. Three stockholder proposals are also listed for consideration if they are properly presented at the meeting.
Southern Company currently manages approximately 46,000 megawatts of generating capacity and serves 9 million customers across its subsidiaries. Its major operations include electric utilities in Georgia, Alabama, and Mississippi, as well as natural gas distribution businesses in Georgia, Tennessee, Illinois, and Virginia.
