Welcome to our dedicated page for NiSource news (Ticker: NIMC), a resource for investors and traders seeking the latest updates and insights on NiSource stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NiSource's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NiSource's position in the market.
NiSource Inc. announced an offering of 7,500,000 Equity Units, each with a stated amount of $100. This will involve a contract to purchase common stock in the future and ownership interest in Series C Mandatory Convertible Preferred Stock. The offering aims to meet equity needs until 2024 and reduce reliance on block equity issuance. Proceeds will be used for renewable generation investments and corporate purposes, supporting a $2.0 billion capital expenditure plan. The Corporate Units will be listed as 'NIMC' on the NYSE.
