Duke Energy Corp. has set a price of $86.45 per share on a stock sale of up to $2.5 billion as part of the utility's new financing plan for its $3.7 billion portion of the Atlantic Coast Pipeline. Charlotte-based Duke will use a forward sale with a consortium of eight banks to sell between 25 million and 28.7 million shares of stock, according to a filing it (NYSE: DUK) made Monday with the Securities and Exchange Commission. The sale is expected to close Thursday. Duke will sell 25 million shares…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/11/19/duke-energy-sets-price-of-stock-sale-to-cover-its.html?ana=RSS&s=article_search
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