Green Touch Builders | Duke Energy closes deals to repurchase 19.5M shares
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April 6, 2015 By SEO Admin

Duke Energy closes deals to repurchase 19.5M shares

Duke Energy closed deals today to repurchase about 19.5 million shares of its outstanding stock from Goldman Sachs & Co. & JPMorgan Chase Bank.

The $1.5 billion paid for the deals comes from Duke’s $2.8 billion sale of its interests in 11 commercial plants in the Midwest and Pennsylvania. That deal with Dynegy Inc. closed on April 2.

Under the terms of the agreements, filed Monday with the Securities and Exchange Commission, Charlotte-based Duke (NYSE:DUK) will pay each financial institution…