2016 News Releases

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12/08/16Great Plains Energy Announces Leadership Team of Combined Company
Westar Leaders to Join Company Upon Transaction Close in Spring of 2017 KANSAS CITY, Mo.--(BUSINESS WIRE)--Dec. 8, 2016-- Great Plains Energy Incorporated (NYSE: GXP), the parent company of Kansas City Power & Light Company (KCP&L), today announced the executive officer team that will lead the combined company once Great Plains Energy’s acquisition of Westar Energy, Inc. (NYSE: WR) is complete in Spring 2017. Once approved by the Great... 
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11/03/16Great Plains Energy Reports Strong Third Quarter Results
Company Increased Quarterly Dividend on Common Stock Westar Acquisition on Track for Spring 2017 Completion KANSAS CITY, Mo.--(BUSINESS WIRE)--Nov. 3, 2016-- Great Plains Energy (NYSE: GXP) today announced third quarter 2016 earnings of $132.7 million or $0.86 per share of average common stock outstanding, compared with third quarter 2015 earnings of $126.4 million or $0.82 per share. For the first nine months of 2016, earni... 
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11/01/16Great Plains Energy Incorporated Declares Dividends
KANSAS CITY, Mo.--(BUSINESS WIRE)--Nov. 1, 2016-- Great Plains Energy (NYSE: GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2750 per share on its common stock. The Company’s current annual dividend level is $1.10 per share. The common dividend will be payable December 20, 2016 to shareholders of record as of November 29, 2016. The shares will begin to trade ex-dividend on November 25, 2016. The Board o... 
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10/18/16Great Plains Energy Announces Schedule for Third Quarter 2016 Earnings
KANSAS CITY, Mo.--(BUSINESS WIRE)--Oct. 18, 2016-- Great Plains Energy (NYSE: GXP) announced today that it will release its 2016 third quarter earnings on Thursday, November 3, 2016, after the market close. Terry Bassham, chairman, president and chief executive officer and Kevin Bryant, senior vice president – finance and strategy and chief financial officer will discuss third quarter 2016 earnings and operating results during a conference call with fina... 
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09/28/16Great Plains Energy Prices Concurrent Offerings of Common Stock and Depositary Shares Representing Interests in Mandatory Convertible Preferred Stock
KANSAS CITY, Mo.--(BUSINESS WIRE)--Sep. 28, 2016-- Great Plains Energy Incorporated (NYSE: GXP) (“Great Plains Energy” or the “Company”) announced today the pricing of its previously announced concurrent underwritten public offerings of 52,600,000 shares of its common stock at a price of $26.45 per share and 15,000,000 depositary shares, each representing a 1/20th ownership interest in a share of its 7.00% Series B Mandatory Convertible Preferred Stock, ... 
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09/27/16Great Plains Energy Announces Concurrent Offerings of Common Stock and Depositary Shares Representing Interests in Mandatory Convertible Preferred Stock
KANSAS CITY, Mo.--(BUSINESS WIRE)--Sep. 27, 2016-- Great Plains Energy Incorporated (NYSE: GXP) (“Great Plains Energy” or the “Company”) announced today the commencement of concurrent underwritten public offerings of 52,600,000 shares of its common stock and 15,000,000 depositary shares, each representing a 1/20th ownership interest in a share of its Series B Mandatory Convertible Preferred Stock, without par value (the “Mandatory Convertible Preferred ... 
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09/26/16Great Plains Energy and Westar Energy Shareholders Approve Merger Related Proposals at Special Shareholder Meetings
Transaction on Track to Close in Spring of 2017 KANSAS CITY, Mo. & TOPEKA, Kan.--(BUSINESS WIRE)--Sep. 26, 2016-- Great Plains Energy Incorporated (NYSE: GXP), the parent company of KCP&L, and Westar Energy, Inc. (NYSE: WR) today announced that their respective shareholders approved all proposals necessary for Great Plains Energy’s acquisition of Westar Energy at each company’s respective shareholder meeting. “We are pleased th... 
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08/25/16Great Plains Energy and Westar Energy Schedule Special Shareholder Meetings
Transaction on Track to Close in Spring of 2017 KANSAS CITY, Mo. & TOPEKA, Kan.--(BUSINESS WIRE)--Aug. 25, 2016-- Great Plains Energy Incorporated (NYSE: GXP), the parent company of KCP&L, and Westar Energy, Inc. (NYSE: WR), today each announced special meetings on Monday, September 26, 2016, for their respective shareholders to vote on the companies’ proposed transaction. Great Plains Energy’s Special Meeting of Shareholder... 
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08/04/16Great Plains Energy Reports Solid Financial Performance; Westar Acquisition on Track for Completion in Spring 2017
KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 4, 2016-- Great Plains Energy (NYSE: GXP) today announced second quarter 2016 earnings of $31.6 million or $0.20 per share of average common stock outstanding, compared with second quarter 2015 earnings of $44.0 million or $0.28 per share. For the first six months of 2016, earnings were $57.6 million or $0.37 per share, compared to $62.5 million or $0.40 per share for the same period in 2015. Great P... 
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08/02/16Great Plains Energy Incorporated Declares Dividends
KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 2, 2016-- Great Plains Energy (NYSE: GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2625 per share on its common stock. The Company’s annual dividend level is $1.05 per share. The common dividend will be payable September 20, 2016 to shareholders of record as of August 29, 2016. The shares will begin to trade ex-dividend on August 25, 2016. As previously announce... 
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07/19/16Great Plains Energy Announces Schedule for Second Quarter 2016 Earnings
KANSAS CITY, Mo.--(BUSINESS WIRE)--Jul. 19, 2016-- Great Plains Energy (NYSE: GXP) announced today that it will release its 2016 second quarter earnings on Thursday, August 4, 2016, after the market close. Terry Bassham, chairman, president and chief executive officer, and Kevin Bryant, senior vice president – finance and strategy and chief financial officer, will discuss second quarter 2016 earnings and operating results during a conference call with fi... 
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05/31/16Great Plains Energy to Acquire Westar Energy, Creating Long-Term Value for Shareholders and Cost Savings for Customers
Transaction, valued at $12.2 billion, creates leading Midwest electric utility better positioned to serve customers and meet the region’s energy needs. KANSAS CITY, Mo.--(BUSINESS WIRE)--May 31, 2016-- Great Plains Energy Incorporated (NYSE: GXP), the parent company of KCP&L, and Westar Energy, Inc. (NYSE: WR), today announced a definitive agreement for Great Plains Energy to acquire Westar in a combined cash and stock transaction with an ... 
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05/05/16Sandra J. Price Named to Great Plains Energy Board of Directors
KANSAS CITY, Mo.--(BUSINESS WIRE)--May 5, 2016-- Great Plains Energy (NYSE: GXP) announced today that its board of directors appointed Sandra J. Price, Senior Vice President, Human Resources for Sprint Corporation, to the board of directors of Great Plains Energy, effective May 4, 2016. "We are very pleased to welcome Sandy to our board of directors," said Terry Bassham, chairman and chief executive officer. "The insights we will gain from... 
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05/05/16Great Plains Energy Reports First Quarter 2016 Results
KANSAS CITY, Mo.--(BUSINESS WIRE)--May 5, 2016-- Great Plains Energy (NYSE: GXP) today announced first quarter 2016 earnings of $26.0 million or $0.17 per share of average common stock outstanding, compared with first quarter 2015 earnings of $18.5 million or $0.12 per share. The Company is also affirming its 2016 earnings guidance range of $1.65 to $1.80 per share. "We continue to transition to a cleaner generation portfolio by making inv... 
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05/03/16Great Plains Energy Incorporated Declares Dividends
KANSAS CITY, Mo.--(BUSINESS WIRE)--May 3, 2016-- Great Plains Energy (NYSE: GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2625 per share on its common stock. The Company’s annual dividend level is $1.05 per share. The common dividend will be payable June 20, 2016 to shareholders of record as of May 27, 2016. The shares will begin to trade ex-dividend on May 25, 2016. The Board of Directors also declared regular ... 
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04/19/16Great Plains Energy Announces Schedule for First Quarter 2016 Earnings
KANSAS CITY, Mo.--(BUSINESS WIRE)--Apr. 19, 2016-- Great Plains Energy (NYSE: GXP) announced today that it will release its 2016 first quarter earnings on Thursday, May 5, 2016, after the market close. On Friday, May 6, 2016, at 9:00 a.m. ET, executive officers of the Company will conduct a webcast and conference call to discuss the Company’s 2016 first quarter earnings and operating results. Supplemental financial information and the earnings webcast pr... 
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02/24/16Great Plains Energy Reports Fourth Quarter and Full-Year 2015 Results; Announces 2016 Earnings Guidance and Long-Term Earnings and Dividend Growth Targets
KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 24, 2016-- Great Plains Energy (NYSE: GXP) today announced fourth quarter 2015 earnings of $22.5 million or $0.15 per share of average common stock outstanding, compared with fourth quarter 2014 earnings of $19.1 million or $0.12 per share. Great Plains Energy also reported full-year 2015 earnings of $211.4 million or $1.37 per share, compared to $241.2 million or $1.57 per share in 2014. The Company... 
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02/10/16Great Plains Energy Incorporated Declares Dividends
KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 10, 2016-- Great Plains Energy (NYSE: GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2625 per share on its common stock. The Company’s annual dividend level is $1.05 per share. The common dividend will be payable March 21, 2016 to shareholders of record as of February 29, 2016. The shares will begin to trade ex-dividend on February 25, 2016. The Board of Directors also d... 
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01/22/16Great Plains Energy Announces Schedule for Fourth Quarter and Year-End 2015 Earnings
KANSAS CITY, Mo.--(BUSINESS WIRE)--Jan. 22, 2016-- Great Plains Energy (NYSE: GXP) announced today that it will release its 2015 fourth quarter and year-end earnings on Wednesday, February 24, 2016, after the market close. On Thursday, February 25, 2016, at 9:00 a.m. ET, executive officers of the Company will conduct a webcast and conference call to discuss the Company’s 2015 fourth quarter and year-end earnings and operating results. Supplemental financ... 
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