Ameren Prices Underwritten Offering Of About 5.55 Mln Shares At $94.00/shr
From Nasdaq.: 2025-05-12 23:35:00
Ameren Corp. (AEE) has priced an offering of 5.55 million shares of common stock at $94.00 per share, with closing expected around May 14, 2025. The company entered into forward sale agreements with major financial institutions and granted underwriters a 30-day option to purchase an additional 832,562 shares. Settlement of the agreements will occur by January 15, 2027, with net proceeds intended for general corporate purposes, including debt repayment. This move aims to raise capital for Ameren’s operations and strategic initiatives.
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