06.11.2023 16:21:20 - dpa-AFX: NRG Energy Announces $950 Mln ASR Agreements

WASHINGTON (dpa-AFX) - NRG Energy, Inc. (NRG) on Monday revealed its
intention to repurchase $950 million of its outstanding common stock through
accelerated share repurchase (ASR) agreements with a group of dealers.

The ASR agreements entail NRG paying $950 million to the dealers, who will
deliver shares of NRG's common stock on specified settlement dates.

The company anticipates receiving more than 80% of the shares that will be
repurchased during the initial settlement period, with the final settlement of
the transactions expected to take place in the first quarter of 2024.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
NRG ENERGY INC. DL-,01 A0BLR4 Frankfurt 79,300 28.05.24 09:15:02 +0,400 +0,51% 79,300 79,860 79,300 78,900

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