Xcel Energy underwriters exercise option for 2,748,091 additional shares
On November 6, 2024, underwriters exercised in full a 30-day option to buy 2,748,091 more shares of Xcel Energy common stock from the November 4, 2024 offering. Xcel also entered into additional forward sale agreements with Barclays Bank PLC and Bank of America, N.A. covering the same number of shares. The filing does not state the offering price or total proceeds, so shareholders cannot gauge the size of the financial effect from this document alone.
- Underwriters exercised in full their option on November 6, 2024, for 2,748,091 additional shares
- The original November 4, 2024 offering covered 18,320,610 shares, sold through Barclays Capital Inc. and BofA Securities, Inc.
- Additional Forward Sale Agreements dated November 6, 2024 cover the 2,748,091 shares with Barclays Bank PLC and Bank of America, N.A.
- All shares were registered under Form S-3 (File No. 333-278797); the filing was made to file offering documents as exhibits