financetom
Business
financetom
/
Business
/
OGE Energy Launches $345 Million Stock Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OGE Energy Launches $345 Million Stock Offering
Nov 20, 2025 3:45 PM

05:43 PM EST, 11/20/2025 (MT Newswires) -- OGE Energy ( OGE ) said late Thursday it started an underwritten public offering of $345 million shares, with about half of the shares to be sold directly and the balance through forward sellers.

The company said it expects to use the net proceeds for capital spending and general corporate purposes.

Shares were over 2% lower in after-hours activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ryanair sees flat to modestly higher summer fares after record annual profit
Ryanair sees flat to modestly higher summer fares after record annual profit
May 19, 2024
DUBLIN, May 20 (Reuters) - Ryanair on Monday posted a 34% year-on-year increase in annual profit to a record 1.92 billion euros ($2.09 billion), and expressed cautious optimism that peak summer fares would be flat to modestly ahead of last year. The result was slightly ahead of the 1.905 billion euros profit expected in a company poll of analysts. Ryanair...
Exclusive-Tesla doing damage-control, discounts for European fleet buyers
Exclusive-Tesla doing damage-control, discounts for European fleet buyers
May 19, 2024
LONDON (Reuters) - Tesla is working to appease some European leasing companies after the automaker's repeated retail price cuts tanked their fleets' value and its slow service and expensive repairs alienated their corporate customers. The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service, repair and ordering complaints after...
Venture capital investment in crypto picks up after long decline
Venture capital investment in crypto picks up after long decline
May 19, 2024
LONDON (Reuters) - Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is returning. Crypto venture capital flows peaked at $11.1 billion in the first quarter of 2022, before seven consecutive quarters of declining volumes, with just $1.7 billion in...
Ryanair sees flat to modestly higher summer fares after record FY profit
Ryanair sees flat to modestly higher summer fares after record FY profit
May 19, 2024
DUBLIN, May 20 (Reuters) - Ryanair on Monday posted a 34% year-on-year increase in annual profit to a record 1.92 billion euros ($2.09 billion), and expressed cautious optimism that peak summer fares would be flat to modestly ahead of last year. The result was slightly ahead of the 1.91 billion euros profit expected by analysts. The Irish airline, Europe's largest...
Copyright 2023-2025 - www.financetom.com All Rights Reserved