Portland General Electric Files New Prospectus for 2.45 Million Shares Under Dividend Reinvestment and Direct Stock Purchase Plan
Portland General Electric Company has filed a new automatic shelf registration statement with the U.S. Securities and Exchange Commission, replacing their previous statement from August 2022. This new filing, effective July 25, 2025, includes a prospectus supplement for the offering of 2,452,692 shares of common stock under the company's Dividend Reinvestment and Direct Stock Purchase Plan. Additionally, an amendment to the equity distribution agreement was made with major financial institutions to facilitate at-the-market offerings. The move is part of PGE's strategy to manage its equity distribution and continue raising capital through stock offerings.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PGE - Portland General Electric Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-027372), on July 25, 2025, and is solely responsible for the information contained therein.
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