08:20 AM EDT, 08/28/2025 (MT Newswires) -- NextEra Energy ( NEE ) said Thursday holders of stock purchase contracts that are components of corporate units issued in September 2022 will receive 0.5705 shares of NextEra Energy ( NEE ) common stock for each stock purchase contract held, with cash to be paid in lieu of any fractional shares.
Corporate unit holders will receive Sept. 2, following the holder's payment to NextEra Energy ( NEE ) of $50.00 for each unit held, the 0.5705 shares of NextEra Energy ( NEE ) common stock for each such unit. The holders' obligations to make such payments will be satisfied with proceeds generated by the successful remarketing Aug. 1 of the NextEra Energy Capital Holdings ( NEE ) debentures that were a component of the corporate units.
In addition, each corporate unit holder of record Aug. 29 will receive Sept. 2 the final quarterly cash distribution of $0.86575 payable per corporate unit. Holders of corporate units on Sept. 2 will receive the remaining amounts from the remarketing described earlier.
The settlement rate is based upon the average of the closing price per share of NextEra Energy ( NEE ) common stock on the New York Stock Exchange for the 20 consecutive trading days ending Aug. 27, NextEra said.
Upon settlement of all outstanding of these stock purchase contracts, NextEra Energy ( NEE ) will receive approximately $2.0 billion in exchange for approximately 22.8 million shares of common stock, the company said.