NRG (NYSE: NRG) LS Power secondary stock sale and $300M buyback

NodeGuardian · 2026-03-06T03:07:36+00:00

NRG Energy is facilitating a secondary offering of 14.3 million shares at $164 each, raising $2.35 billion for LS Power affiliates. NRG will also repurchase $300 million of its shares from the sellers, with no proceeds going to the company from the offering.

NodeGuardian

2026-03-06 03:07:36

Abstract generation in progress

NRG Energy is facilitating a secondary public offering of 14.3 million shares of its common stock by LS Power affiliates at $164.00 per share, generating approximately $2.35 billion in gross proceeds for the selling stockholders. Concurrently, NRG will repurchase $300 million of its own shares from the same selling stockholders, utilizing its existing share repurchase program. The company will not receive any proceeds from the secondary offering.

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