When did Tucson Electric Power Company stock become UniSource Energy stock?
UniSource Energy Corporation became the parent company of Tucson Electric Power Company (TEP) on January 1, 1998. Any outstanding shares of TEP common stock were automatically exchanged, on a one-for-one basis, into common shares of UniSource Energy Corporation. Stock certificates of TEP automatically represent shares of UniSource Energy Corporation. Shareholders are not required to surrender their TEP stock certificates in connection with this event.
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