The Exelon Board of Directors made the decision to spin-off Constellation Energy as a separate publicly traded entity. Exelon shareholders at the close of business on January 20, 2022 received 1 share of Constellation Energy for 3 shares of Exelon held in their name on the record date. The distribution of shares commenced on February 1, 2022.
The Constellation distribution carried over your preferences such as dividend distribution from Exelon.
The trading symbol for Constellation is CEG. Shares of Constellation trade on Nasdaq and are subject to the rules of that market.
No fractional shares of Constellation Energy were distributed at the event. Any fractional shares were paid prorated cash in lieu of stock. The cash in lieu amount was $53.7996.
EQ is our transfer agent. Constellation’s dedicated phone number is 1.833.914-2120. Representatives are available 7a – 7p CT Monday through Friday. The automated information (stock price, dividend details) is available 24/7. Shareholders can establish on-line access to their information at www.shareownerinline.com.
Yes. The Constellation Direct Stock Purchase Plan permits new investment as well as additional purchases by existing shareholders. Plan shares can be sold through the Plan as well. The Plan document including fees can be accessed at: https://www.shareowneronline.com/transactional/anonymous/dspp/company-plans/CEG1/4266/DPPSales
Constellation does pay a dividend at the discretion of the Board of Directors. Historically, the dividend has occurred in March, June, September and December.
Contact EQ Shareowner Services at 1.833.914.2120 for assistance.
Access historical prices by clicking this link: https://investors.constellationenergy.com/stock-information/historic-price-lookup