Alabama Power announces redemption of preferred and preference stock PR Newswire BIRMINGHAM, Ala., Sept. 8, 2017 BIRMINGHAM, Ala. , Sept. 8, 2017 /PRNewswire/ -- Alabama Power Company today announced that it issued a notice of redemption for the following series of preferred and preference stock: 5.83% Class A Preferred Stock, Cumulative, Par Value $1 Per Share (Stated Capital $25 Per Share) CUSIP No. 010392611 (NYSE: ALP PR O) 6.45% Preference Stock, Non-Cumulative, Par Value $1 Per Share...