SunPower Shares Up 13% as Total S.A. Builds Stake
February 19 2020 - 2:49PM
Dow Jones News
By Michael Dabaie
SunPower Corp. shares were up 13% to $10.41 in afternoon
trading.
Total S.A. recently acquired 676,600 shares of the company,
according to a filing with the Securities and Exchange
Commission.
According to another SEC filing, Total Solar and SunPower
entered into a Debenture Repurchase Agreement under which SunPower
agreed to repurchase $56.4 million aggregate principal amount of
its 0.875% Senior Convertible Debentures due 2021 from Total
Solar.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
February 19, 2020 14:34 ET (19:34 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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