05:25 PM EST, 12/03/2024 (MT Newswires) -- Consolidated Edison ( ED ) announced an offering of 7 million shares and expects to use the proceeds to fund its subsidiaries' capital requirements, among other things.

The underwriter may offer the common shares in transactions on the New York Stock Exchange in the over-the-counter market or through negotiated transactions at either the market or negotiated prices, Con Edison said Tuesday in a statement.