NRG Energy, Inc. Buyback
OLI recorded this information on 9/21/2015
NRG Energy, Inc.
NRG Energy, Inc. (NYSE:NRG) today announced the next phase of the 2015 Capital Allocation Plan with authorization to repurchase $251 million of its common stock, comprised of $51 million remaining from the previously announced share repurchase program and an additional $200 million. The authorization will be implemented through a 10b5-1 trading plan immediately.
NRG Energy is a power company. Co. produces and sells electricity and related products and services in primary power markets in the United States and Canada. Co. sells energy, services, and sustainable products and services directly to retail customers under the brand names NRG, Reliant, Green Mountain Energy, Stream and XOOM Energy, as well as other brand names owned by Co. Co.'s segments are: Texas, which includes all activity related to customer, plant and market operations in Texas; East, which includes the remaining activity related to customer operations and all activity related to plant and market operations in the East; and West/Other.
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Strong Buy (3.60 out of 4)