By Kimberly Chin 
 

The board of NextEra Energy Inc. has approved a 4-for-1 stock split, the energy company said Monday.

The move, which gives stockholders of record three additional shares for each share they hold, is meant to expand the stock's accessibility to a broader base of investors, the company said.

The shares will be distributed on Oct. 26.

Trading for the split-adjusted stock is set to begin on Oct. 27.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

September 14, 2020 17:00 ET (21:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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