AGL Resources
arrowAnnual Reports  arrowAlerts  arrowEvents  arrowContact Us
Investor Relations
About UsInvestor RelationsCorporate GovernanceCommunity RelationsPress RoomCareers
Investor Relations
Investor Events and Presentations
Press Releases
GAAP Reconciliation
SEC Filings
Annual Reports
Stock Information
Analyst Coverage
Shareholder Services
Management and Governance
Investor FAQs


Print PagePrint Page
E-mail PageEmail Page
RSS FeedsRSS Feeds
E-mail AlertsEmail Alerts
IR ContactsIR Contacts
Financial Tear SheetFinancial Tear Sheet
Home > Investor Relations > Investor FAQs
Investor FAQs


On August 24, 2015, Southern Company announced its intent to acquire AGL Resources in a $12 billion transaction, creating one of the nation’s leading U.S. electric and gas utilities. Following are frequently asked investor questions.
1.Following the close of the transaction, will I have the option to convert my AGL Resources (GAS) stock to Southern Company (SO) stock? Or do I have to take the cash payout?
 The transaction is an all cash transaction. There is no option to convert GAS stock to SO stock. All GAS shareholders will receive $66 per share shortly following the close of the transaction (which is expected in the second half of 2016). Conversion to Southern Company shares is not an option with this transaction.

2.Will there be a proxy sent out for me to declare how many shares I want to sell at the $66 price? Do I have to sell all?
 All GAS shares will be paid out at the $66 per share price.

3.Are we no longer shareholders at the close of the transaction?
 That is correct. You will no longer be a shareholder of AGL Resources once the transaction closes.

4.Will I be taxed on the gain from the stock sale in the year the transaction closes?
 Yes, this is a taxable transaction. If you have questions about your specific circumstances or about tax planning, we recommend that you consult with a tax advisor.

5.I have physical stock certificates for GAS stock. What is the process for redeeming them for cash upon close?
 Any certificated holders of GAS stock will receive a letter of transmittal from the paying agent selected by Southern Company shortly after the close of the transaction with instructions for surrender of the certificate.

6.How will I receive my stock payout following the close of the transaction?
 When the transaction is nearing close, you will receive communications from Southern Company’s paying agent, or from any entity through which you hold your GAS shares (e.g., a broker). Within two days of the close of the transaction, a letter of transmittal will be sent to all shareholders regarding the payment for shares. If you hold your shares in a brokerage account or via “book entry” (i.e., you do not have an actual certificate), the payment for shares will be automatic. If you hold a certificate(s) for your shares, you will receive a letter with instructions for how to redeem your certificate(s).


7.Where are AGL Resources shares traded?
 AGL Resources' common stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol GAS.

8.Until the Southern Company transaction closes, can I still purchase stock directly from AGL Resources?
 Yes, ResourcesDirect, the company's direct stock purchase and dividend reinvestment plan, offers a convenient way to purchase shares of AGL Resources stock, without having to pay brokerage commissions on the purchase. For more details, including a prospectus, click on the "Shareholder Services" section of the web site or call 1-800-468-9716 or 1-651-450-4064, and the materials will be mailed to you at no charge. If you decide to enroll in the Plan, you can enroll by visiting the Plan Administrator’s website and following the instructions provided.

9.Who is the transfer agent for AGL Resources' common stock?
 Wells Fargo Bank, N.A. You may contact Wells Fargo as follows: By telephone: 1-800-468-9716 or 1-651-450-4064 Automated: 24 hours, 7 days a week Attended: 7 a.m. - 7 p.m. Central time, Monday through F riday By overnight delivery: Wells Fargo Shareowner Services 1110 Centre Point Curve, Suite 101 MAC N9173-010 Mendota Heights, MN 55120 By regular mail delivery: Wells Fargo Shareowner Services P.O. Box 64874 St. Paul, MN 55164-0874 By email: By Internet:

10.Can Wells Fargo provide information if I was a Nicor Inc. shareholder?
 Yes, Wells Fargo was also the transfer agent for Nicor Inc. and can provide information related to the merger between AGL Resources and Nicor Inc.

11.Where can I find information about the tax consequences of AGL Resources’ merger with Nicor Inc.?

Please click here for the Tax Reporting Statement Under Section 6045B of the Internal Revenue Code.

Examples of various tax consequences can be found here. Please be advised that the information provided is for the convenience of our shareholders and is not intended as tax advice. United States shareholders are urged to consult their own tax advisors with respect to the determination of gain recognized on the exchange of their shares of Nicor common stock (as well as their basis in the shares of AGL Resources common stock received in the transaction) taking into account their particular circumstances.

12.How do I obtain information about my account or sell/transfer ownership of my stock?
 All account information, as well as assistance with transactions such as stock sales or transfers and address changes, can be handled by contacting our transfer agent, Wells Fargo, at 1-800-468-9716 or Because account information and other records are maintained by the transfer agent, generally AGL Resources is not able to provide shareholder account information or make changes to an existing account.

13.How can I obtain a printed copy of AGL Resources' annual report or quarterly reports to shareholders?
 A printed copy of the annual report and SEC Filings (quarterly and annual) can be obtained through the SEC Filings section of this website.

14.When does AGL Resources pay a dividend on common stock?
 Assuming approval of a dividend payout by our Board of Directors, dividends on AGL Resources' common stock are paid on the first days of March, June, September and December.

15.When has AGL Resources had stock splits for common stock?

AGL Resources' common stock has split four times.

Date    Type of Split
September 1, 1961      2 for 1
June 12, 1964     3 for 2
December 1, 1986     2 for 1
December 1, 1995     2 for 1

Site MapAGL Resources At-A-GlanceTerms
PrivacyStock Quote Disclaimer
© 2012 AGL Resources Inc. All Rights Reserved.