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NextEra Energy announced the settlement rate for stock purchase contracts linked to corporate units issued in February 2020. Each holder will receive 0.6676 shares of common stock for each contract, with cash for fractional shares. This settlement, effective March 1, 2023, follows a payment of $50.00 per unit held. Additionally, NextEra will receive $2.5 billion for 33.38 million shares of common stock upon settling the contracts. Furthermore, on March 1, 2023, holders will receive a final quarterly cash distribution of $0.659875 per unit. The move underscores NextEra's operational strategy and financial management.
