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AQN

Algonquin Power & Utilities Corp. · NYSE · Utilities

Price$5.57-1.24% · −$0.07

Market cap4.29BEquity value

P / E17.4Trailing ratio

Volume3.78MLatest session

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AQNAug 9, 2024

Algonquin Power & Utilities Reports Key Developments Including $2.5 Billion Renewable Energy Sale, Quarterly Results, and Dividends

Algonquin sells renewable energy business for up to $2.5 billion. Focus shifts to regulated utility operations, enhancing stability. Company adjusts dividends, indicating a strategic financial realignment. Q2-2024 revenues reported declining, impacting investor sentiment.

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AQNAug 9, 2024

Algonquin Power & Utilities Reports Key Developments Including $2.5 Billion Renewable Energy Sale, Quarterly Results, and Dividends.

AQN sells renewable energy business for up to $2.5 billion. Focus shifts to becoming a pure-play regulated utility. Q2-2024 revenues show a decline for the company. Dividends adjusted following the strategic sale. Transaction reflects a significant shift in AQN's business model.

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