By Josh Beckerman

Edison International (EIX) shares recently traded up 5.5% to $74.16 Wednesday after a stock sale was upsized to nearly $1.92 billion Tuesday.

The company sold 28 million shares for $68.50 each, up from the originally planned 25 million shares.

Proceeds will be used for purposes including a Southern California Edison $1.2 billion contribution to California's wildfire insurance fund.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

July 31, 2019 13:06 ET (17:06 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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