TXNM Energy Prices $400 Million Public Stock Offering
MT newswire2026/09/01 08:47Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:47 AM EDT, 09/01/2026 (MT Newswires) -- TXNM Energy (TXNM) said Monday it priced a public offering of roughly 7.1 million common shares at $56.50 per share to raise proceeds of about $400 million. The company plans to use the net proceeds to repay debt under its $400 million term loan agreement, it said.
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