On Wednesday, Shares of AEGON N.V. (ADR)(NYSE:AEG), added 3.18% and closed at $4.22 in the last trading session. The last trading range of the stock ranges between $4.20 and $4.29. The company’s Market capitalization is $9.14 Billion with the total Outstanding Shares of 2.10 billion. During the 52-week trading session the minimum price at which share price traded, registered at $3.36 and reached to max level of $6.38. Aegon will repurchase 30,765,224 common shares to neutralize the dilutive effect of the 2016 interim stock dividend. These shares will be held as treasury shares and will be used to pay future stock dividends.
Aegon is committed to the repurchase of the common shares by engaging a third party to execute the transactions on its behalf. These transactions will begin on October 3, 2016, and are expected to be accomplished on or before November 11, 2016. The common shares will be repurchased at a maximum of the daily volume-weighted average price.
Exelon Corporation (NYSE:EXC), jumped 1.12% and closed at $32.51 in the last trading session. The last trading range of the stock ranges between $32.14 and $32.55. The company’s Market capitalization is $29.68 Billion with the total Outstanding Shares of 923.00 million. During the 52-week trading session the minimum price at which share price traded, registered at $25.09 and reached to max level of $37.70. Since debuting in the summer of 2015, ComEd’s Peak Time Savings (PTS) program has delivered participating customers more than $1.2 million in total bill credits for reducing electricity usage.
The first program of its kind in the Midwest, PTS provides customers with a $1 bill credit for every kilowatt hour (kWh) of electricity they reduce during Peak Time Savings Hours – which occur for a few hours between 11 a.m. and 7 p.m. on three to five different days throughout the summer. The program is open to customers with digital smart meters, which provide access to hourly, daily and month energy usage information.
In its inaugural summer, PTS enrolled more than 50,000 customers, making it one of the most successful new program launches in ComEd history, while disbursing $386,000 in total bill credits. For the 2016 summer season ending Sept. 30, PTS enrolled an additional 100,000 customers and awarded more than $868,000 in total bill credits. These bill credits appear as actual dollars off customers’ ComEd bills.
Gerdau SA (ADR)(NYSE:GGB), lost -0.34% and closed at $2.90 in the last trading session. The last trading range of the stock ranges between $2.78 and $2.98. During the 52-week trading session the minimum price at which share price traded, registered at $0.79 and reached to max level of $3.19. Gerdau S.A. produces and commercializes steel products worldwide. The company operates through Brazil Business Operation, North America Business Operation, South America Business Operation, and Special Steel Business Operation segments. It offers semi-finished products, such as billets, blooms, and slabs; common long rolled products, counting rebars, merchant bars, and profiles that are used by the construction and manufacturing industries; and drawn products consisting of barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps, in addition to iron ore. It also produces special steel products used in automotive components, machinery, road and agricultural parts, mining equipment, tools, rail components, and maritime mooring. In addition, it provides flat products, such as hot- and cold-rolled steel coils, heavy plates, and structural profiles.