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Direct Registration System

MGE Energy offers its shareholders a safe, convenient way to hold MGE Energy shares through the Direct Registration System (DRS). 

This electronic system gives shareholders full ownership of MGE Energy stock without the responsibility of maintaining physical stock certificates. Through this service, your shares can be held in your name and tracked electronically on MGE Energy’s records.

Your traditional voting and other rights and benefits as a shareholder remain the same.

Benefits of DRS

  • Book entry shares cannot be lost, destroyed or misplaced.
  • DRS reduces the risk associated with physical securities processing including transfer turnaround delays, mail losses and stolen or forged certificates.
  • Shares can be easily moved to and from a brokerage account electronically.

Features of DRS
When this system begins, you will be able to:

  • Convert your existing physical stock certificate(s) to book entry stock ownership.
  • Sell all or some of your book entry shares simply by submitting a written request to MGE Energy Shareholder Services.
  • Receive your dividend in cash or choose to reinvest all or part of them to purchase additional shares through the MGE Energy Direct Stock Purchase and Dividend Reinvestment Plan (DSPP).
  • Electronically transfer all or some of your book entry shares to your broker by having your broker submit the request.
  • Request physical stock certificates representing all or a portion of your full shares at anytime by submitting a written request to MGE Energy Shareholder Services.

Electronic Share Transfer
For information on electronically moving your shares, please contact your broker to initiate the transfer.


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