Consolidated Edison, Inc. Buyback
OLI recorded this information on 3/7/2023
Company: |
Consolidated Edison, Inc. |
Buyback: |
ED buyback |
$Amount Authorized: |
$1,000,000,000 |
Buyback Details: |
Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) today announced that it has entered into accelerated share repurchase agreements with two dealers to repurchase $1 billion in aggregate of its common shares. Con Edison is funding the repurchases under the accelerated share repurchase agreements from a portion of the proceeds from the sale of Con Edison Clean Energy Businesses, Inc. |
Consolidated Edison is a holding company. Through its subsidiaries, Co. is engaged in provision of energy services. Co.'s subsidiaries include: Consolidated Edison Company of New York, Inc., which operates regulated electric, gas and steam delivery businesses; Orange & Rockland Utilities, Inc., which operates regulated electric and gas delivery businesses; Con Edison Clean Energy Businesses, Inc., which develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which invests in electric and gas transmission projects.
Consolidated Edison SEC Filing Email Alerts Service
Open the ED Page at The Online Investor »
Company Name: |
Consolidated Edison Inc |
Stock buyback: |
ED buyback |
Website: |
www.conedison.com |
Sector: |
Electric Utilities |
Number of ETFs Holding ED: |
117 |
Total Market Value Held by ETFs: |
$6.44B |
Total Market Capitalization: |
$32.28B |
% of Market Cap. Held by ETFs: |
19.94% |
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Open the ED Page at The Online Investor (in a new window) »
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April 28, 2024 4:18 AM Eastern
Hold (1.65 out of 4)
0th percentile
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