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On February 1, 2022, Exelon Corporation (NASDAQ: EXC, $42.86, Market Capitalization $41.9 billion) completed the tax-free spin-off of Constellation Energy (NASDAQ: CEG, $53.01, Market...
The Exelon Board of Directors made the decision to spin-off Constellation Energy as a separate publicly traded entity. Exelon shareholders at the close of business on January 20, 2022 received 1 share of Constellation Energy for 3 shares of Exelon held in their name on the record date.
Exelon Corp. (Nasdaq: EXC) today announced it has completed the separation of Constellation Energy Corp., Exelon’s former power generation and competitive energy business. Exelon’s transmission and distribution utility business will continue to be called.
Exelon Corporation (NASDAQ: EXC) is completing the spinoff of its generation division less than one year after the original announcement. The new company will be known as Constellation Energy...
BALTIMORE -- (BUSINESS WIRE)--Feb. 2, 2022-- Constellation (Nasdaq: CEG) today announced the completion of its separation from Exelon Corp. (Nasdaq: EXC) and its launch as a standalone, publicly traded company and the nation’s largest carbon-free energy producer and leading supplier of clean energy solutions to millions of homes and businesses.
BALTIMORE (Feb. 2, 2022) – Constellation (Nasdaq: CEG) today announced the completion of its separation from Exelon Corp. (Nasdaq: EXC) and its launch as a standalone, publicly traded company and the nation’s largest carbon-free energy producer and leading supplier of clean energy solutions to millions of homes and businesses.
Upon the completion of this spin-off transaction, Constellation Energy Corp. was added to the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the...
Constellation’s stock opened at $50.00 a share on the NASDAQ under the ticker symbol CEG, and closed Wednesday at $53.01, up 6%. Exelon shares opened at $41.06 on Wednesday and closed at $42.86, up 4%. Since the spinoff was announced last Feb. 24, the markets have bid up Exelon shares 44%.
Today we announced that the boards of directors of Exelon (NYSE: EXC) and Constellation Energy (NYSE: CEG) have agreed to combine the two companies in a stock-for-stock transaction. The merger creates the number one competitive energy provider with one of the industry’s cleanest and lowest-cost power generation fleets and one of the largest ...
The Board of Directors of Exelon Corporation (NasdaqGS:EXC) announced to spin off Exelon Generation Company, LLC on February 21, 2021. Under the transaction, Exelon Corporation shareholders will retain their current shares of Exelon stock and receive a pro-rata dividend of shares of the new company's stock in a transaction.