Looking back to 148 days ago, TECO Energy Inc. (NYSE: TE) priced a 15,500,000 share secondary stock offering at $18.10 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 Wednesday, the stock is now 8.1% higher than the offering price. It should be noted that investors at the secondary have collected $0.44/share in dividends since the time of their purchase, so they a...
Looking back to 148 days ago, TECO Energy Inc. (NYSE: TE) priced a 15,500,000 share secondary stock offering at $18.10 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 Wednesday, the stock is now 8.1% higher than the offering price. It should be noted that investors at the secondary have collected $0.44/share in dividends since the time of their purchase, so they a...
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