Con Edison Announces Common Share Offering With a Forward Component
December 04, 2024
December 04, 2024
NEW YORK, Dec. 4 -- Consolidated Edison, a provider of energy-related products and services, issued the following news release on Dec. 3, 2024:
Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced the public offering of 7,000,000 of its common shares. In connection with the forward sale agreement described below, the forward counterparty (as defined below) has agreed to borrow from third parties and sell such shares to J.P. Morgan Securities LLC, which is acting as the . . .
Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced the public offering of 7,000,000 of its common shares. In connection with the forward sale agreement described below, the forward counterparty (as defined below) has agreed to borrow from third parties and sell such shares to J.P. Morgan Securities LLC, which is acting as the . . .