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Buy 9 Sustainable Dividend Dogs Of Barron's June Top 100
Seeking Alpha· 2024-06-13 19:37
Ralf Hahn/iStock via Getty Images Foreword This article is based on 100 top sustainable companies based on Calvert Research and Management's annual review of more than 230 Environmental, Social and Governance [ESG] performance indicators, such as workplace diversity, data security, and greenhouse-gas emissions, as reported in the February 26, 2024, edition of Barron's weekly. How Barron's determined their list "To build Barron's seventh annual ranking of the most sustainable companies, Calvert Resear ...
Kuehn Law Encourages CALT, AKLI, AGR, and SGE Investors to Contact Law Firm
Newsfilter· 2024-06-07 15:09
Core Insights - Kuehn Law, PLLC is investigating potential claims related to proposed mergers involving several companies, focusing on whether the boards acted to maximize shareholder value and disclosed material information [1][2]. Group 1: Proposed Mergers - Calliditas Therapeutics AB is set to be acquired by Asahi Kasei Corporation for SEK 0.04 in cash per ADS [2]. - Akili, Inc. will be acquired by Virtual Therapeutics for $0.4340 per share of common stock in cash [2]. - Avangrid, Inc. has a definitive merger agreement with Iberdrola, S.A. for $35.75 per share [2]. - Strong Global Entertainment, Inc. will merge with Fundamental Global, Inc., with shareholders receiving 1.5 common shares of Fundamental Global for each share of Strong Global [2]. Group 2: Shareholder Engagement - Kuehn Law emphasizes the importance of shareholder participation in maintaining the integrity and fairness of financial markets [3]. - Shareholders are encouraged to contact Kuehn Law for assistance, as the firm covers all case costs and does not charge its clients [4].
AVANGRID INVESTOR NOTICE: Kaskela Law LLC Announces Investigation of Avangrid, Inc. (NYSE: AGR) and Encourages Investors to Contact the Firm
prnewswire.com· 2024-05-30 10:00
PHILADELPHIA, May 30, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Avangrid, Inc. (NYSE: AGR) on behalf of the company's shareholders.On May 17, 2024, Avangrid announced that it had agreed to be acquired by Iberdrola, S.A. at a price of $35.75 per share in cash. Following the closing of the proposed transaction, Avangrid's public shareholders will be cashed out of their investment position and the company's shares will no longer be publicly traded. The investigation seeks to deter ...
Avangrid (AGR) to be Acquired by Iberdrola in an All-Cash Deal
zacks.com· 2024-05-20 16:10
Group 1: Acquisition Details - Avangrid Inc. has entered into a definitive agreement with Iberdrola S.A. for Iberdrola to acquire the remaining 18.4% of Avangrid's common stock at $35.75 per share in an all-cash transaction [1] - The revised offer represents an increase of $1.50 per share from Iberdrola's previous non-binding offer of $34.25 made in March 2024 [1] - The transaction is expected to close in the fourth quarter of 2024, pending approval from shareholders and regulatory authorities [1] Group 2: Clean Energy Initiatives - Avangrid aims to achieve Scope 1 and Scope 2 carbon neutrality by 2035 and plans to reduce Scope 1 greenhouse gas emissions by 35% by 2025 from a 2015 baseline [2] - The company has partnered with Navajo Tribal Utility Authority to explore developing up to 1 gigawatt of renewable energy generation, including solar, wind, hydrogen, and battery storage [2] - Avangrid is working on the Vineyard Wind 1 offshore wind project, which will generate 806 megawatts of clean energy, enough to power 400,000 homes and businesses [2] Group 3: Industry Transition - The U.S. electric power sector is transitioning towards cleaner energy sources, with renewable energy's share of electricity generation expected to rise from 23% in 2023 to 25% by 2025 [3] - The Inflation Reduction Act is anticipated to support utilities in their transition to clean energy [3] - Other utilities like Duke Energy, DTE Energy, and Alliant Energy are also making strides in reducing carbon emissions and investing in clean energy projects [4] Group 4: Price Performance - Over the past six months, Avangrid's shares have increased by 15%, outperforming the industry's growth of 9.1% [5]
NOTICE OF INVESTIGATION: Kaskela Law LLC Announces Shareholder Investigation of Avangrid, Inc. (NYSE: AGR) and Encourages Investors to Contact the Firm
prnewswire.com· 2024-05-20 12:30
Core Viewpoint - Kaskela Law LLC is investigating Avangrid, Inc. regarding the adequacy of the buyout price of $35.75 per share offered by Iberdrola, S.A. and potential breaches of fiduciary duties by the company's officers and directors [1] Group 1 - Avangrid has agreed to be acquired by Iberdrola at a cash price of $35.75 per share, which will result in the company's shares no longer being publicly traded [1] - The investigation aims to assess whether shareholders are receiving sufficient consideration for their shares, especially since Avangrid's stock was trading above the buyout price at the time of the announcement [1] Group 2 - Shareholders who believe the buyout price undervalues their shares are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [2] - Kaskela Law LLC has a track record of recovering over $300 million for investors since 2020, focusing on securities fraud, corporate governance, and merger & acquisition litigation [2]
AGR ALERT: Avangrid Shareholders Unhappy With the $35.75 Buyout Price Should Contact Julie & Holleman LLP for Information Regarding Potential Legal Claims
prnewswire.com· 2024-05-20 11:45
NEW YORK, May 20, 2024 /PRNewswire/ -- Julie & Holleman LLP, a law firm dedicated to representing shareholders, is investigating potential breaches of fiduciary duty related to the proposed acquisition of Avangrid, Inc. (NYSE: AGR) by its controlling shareholder, Spanish utility company Iberdrola, S.A.For a free, no-risk consultation, please visit https://julieholleman.com/avangrid-inc/, or contact firm partner Scott Holleman at [email protected].Avangrid is a leading sustainable energy company. Its largest ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Avangrid, Inc. - AGR
prnewswire.com· 2024-05-17 23:49
Group 1 - Monteverde & Associates PC is investigating Avangrid, Inc. regarding its proposed merger with Iberdrola, S.A. [1] - Under the merger agreement, Avangrid shareholders will receive $35.75 per share in cash [1] - Monteverde & Associates PC has a successful track record in recovering money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report [1] Group 2 - The firm is headquartered in the Empire State Building, New York City [1] - Monteverde & Associates PC is a national class action securities firm with experience in trial and appellate courts, including the U.S. Supreme Court [1]
Shareholder Alert: Ademi LLP investigates whether Avangrid, Inc. has obtained a Fair Price for its Public Shareholders
prnewswire.com· 2024-05-17 19:44
Core Viewpoint - Ademi LLP is investigating Avangrid for potential breaches of fiduciary duty and legal violations related to its transaction with Iberdrola, which involves the acquisition of Avangrid's remaining shares [1][2] Group 1: Transaction Details - Iberdrola plans to acquire the remaining 18.4% of Avangrid's common stock for $35.75 per share in an all-cash transaction [1] - The transaction agreement includes provisions that significantly limit competing offers for Avangrid, imposing penalties if Avangrid accepts a competing bid [1] Group 2: Board Conduct Investigation - The investigation focuses on whether Avangrid's board of directors is fulfilling their fiduciary duties to all shareholders [2] - Shareholders of Avangrid are encouraged to seek additional information regarding the investigation [2]
AVANGRID MERGER INVESTIGATION (AGR) - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Avangrid, Inc.
Newsfilter· 2024-05-17 19:30
WILMINGTON, Del., May 17, 2024 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, is investigating potential breach of fiduciary duty claims against the Board of Directors of Avangrid, Inc. (NYSE:AGR) ("Avangrid" or the "Company") relating to the sale of the Company to Iberdrola, S.A. ("Iberdrola"), which owns and controls over 81% of Avangrid's stock. The two parties have announced that they reached an agreement in principle pursuant to which Iberdrola will acquire Avangrid in a going private merger. As a result ...
Buy 9 Sustainable Dividend Dogs Of Barron's Top 100
Seeking Alpha· 2024-05-12 15:59
Core Insights - The article discusses Barron's seventh annual ranking of the most sustainable companies, based on an analysis of over 230 ESG performance indicators [3][5]. Group 1: Methodology - Barron's ranking began with the 1,000 largest publicly traded companies by market value, evaluating their performance across five key constituencies: shareholders, employees, customers, community, and the planet [3]. - Companies were scored on a scale of zero to 100 in each stakeholder category, with a weighted average calculated based on the financial materiality of each category for their industry [3]. - To qualify for the list, companies had to be rated above the bottom quarter in each material stakeholder category; poor performance in any key category led to disqualification [3]. Group 2: Investment Opportunities - Analysts estimated net gains of 12.84% to 18.5% for ten top ESG companies by May 2025, with four of these stocks among the top ten gainers based on analyst target prices [5][10]. - The average net gain for the top ten ESG stocks was projected at 15.44% on a $10,000 investment, with an average risk/volatility 9% under the market as a whole [6][12]. Group 3: Top Companies - The top ten sustainable companies projected for net gains include Best Buy Co Inc. (BBY) with a projected net of $184.96, Hasbro Inc. (HAS) at $171.24, and Mondelez International Inc. (MDLZ) at $165.25 [6][12]. - Other notable companies include The Kraft Heinz Co. (KHC) with a projected net of $158.94 and NextEra Energy Partners LP (NEP) at $151.04 [6][12]. Group 4: Sector Representation - The top ten ESG stocks represented four of eleven Morningstar sectors, with utilities and financial services being prominent [10][15]. - Notable utility representatives include NextEra Energy Partners and Avangrid Inc., while financial services are represented by Franklin Resources Inc. and Regions Financial Corp [10].