IDACORP (IDA) Prices 2.8M Share Offering at $92.80/sh

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IDACORP, Inc. Prices Public Offering of 2,801,724 Shares of Common Stock

November 7, 2023 11:36 PM EST

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) announced today that it has priced an underwritten public offering of 2,801,724 shares of its common stock at a public offering price of $92.80 per share. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparty (as defined below) (or its affiliates) and sold to the underwriters in the offering in connection with the forward sale agreement described below. In conjunction with the offering, IDACORP has granted to the underwriters an option to purchase up to 420,258 additional shares of its common... More