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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