The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
ChartZero

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., Aug. 27, 11:01 AM

Slide #11. PG&E Corporation Secondary Offering

Company: PG&E Corporation (NYSE:PCG)
Date announced: 8/15/2016
Shares Offered: 4,900,000
Date of Pricing: 8/16/2016
Price Per Share: $63.25
Secondary Offering Details: PG&E Corporation (NYSE:PCG) announced today that it has commenced an underwritten public offering of 4,900,000 shares of its common stock. PG&E Corporation expects to contribute all of the net proceeds from the offering to its regulated utility subsidiary, Pacific Gas and Electric Company, which will use such proceeds for general corporate purposes. -updated 8/16- PG&E Corporation (NYSE:PCG) announced today the pricing of the previously announced public offering of 4,900,000 shares of its common stock at a price to the public of $63.25 per share. PG&E Corporation expects to contribute all of the net proceeds from the offering to its regulated utility subsidiary, Pacific Gas and Electric Company, which will use such proceeds for general corporate purposes.

PG&E is a holding company. Through its subsidiary, Pacific Gas and Electric Company (Utility), Co. engages in electricity and natural gas distribution operations, electricity generation, and natural gas transportation and storage services. The Utility owns generation facilities located in California, and owns and operates natural gas transmission, storage, and distribution system in northern and central California. At Dec 31 2015, the Utility owned approximately 18,400 circuit miles of interconnected transmission lines operating at voltages ranging from 60 kV to 500 kV. The Utility's electricity distribution network consists of approximately 142,000 circuit miles of distribution lines.

PG&E SEC Filing Email Alerts Service

Preferreds: PCG.PRA, PCG.PRB, PCG.PRC, PCG.PRD, PCG.PRE, PCG.PRG, PCG.PRH, PCG.PRI


Open the PCG Page at The Online Investor »

Company Name:  PG&E Corp. (Holding Co.)
Website:  www.pgecorp.com
Sector:  Electric Utilities
Number of ETFs Holding PCG:  80
Total Market Value Held by ETFs:  $1.66B
Total Market Capitalization:  $31.75B
% of Market Cap. Held by ETFs:  5.24%
 

Open the PCG Page at The Online Investor (in a new window) »

August 27, 2016    11:01 AM Eastern
Quotes delayed 20 minutes



Strong Buy (3.61 out of 4)
75th percentile
(ranked higher than approx. 75% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2016, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.