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Con Edison Announces $1 Billion Accelerated Share Repurchase

PR Newswire - Mon Mar 6, 2023

NEW YORK, March 6, 2023 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) today announced that it has entered into accelerated share repurchase agreements with two dealers to repurchase $1 billion in aggregate of its common shares. Con Edison is funding the repurchases under the accelerated share repurchase agreements from a portion of the proceeds from the sale of Con Edison Clean Energy Businesses, Inc.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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