Looking back to 93 days ago, PG&E Corp. (NYSE: PCG) priced a 7,200,000 share secondary stock offering at $41.71 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Friday, the stock is now 7.5% higher than the offering price. It should be noted that investors at the secondary have collected $0.46/share in dividends since the time of their purchase, so they are current...
Looking back to 93 days ago, PG&E Corp. (NYSE: PCG) priced a 7,200,000 share secondary stock offering at $41.71 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Friday, the stock is now 7.5% higher than the offering price. It should be noted that investors at the secondary have collected $0.46/share in dividends since the time of their purchase, so they are current...
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