Is Vectren Corp a public or private company?

Asked 6 months ago
Vectren Corp is a publicly traded company. As of its acquisition by CenterPoint Energy, Vectren became a wholly-owned subsidiary of CenterPoint, which is a publicly traded company listed on the New York Stock Exchange under the ticker symbol "CNP." Prior to the acquisition, Vectren was also a publicly traded company, with its stock listed on the New York Stock Exchange. Being a publicly traded company means that Vectren's shares are available to be bought and sold by the general public through a stock exchange. Public companies are subject to regulatory requirements and are transparent in their financial reporting, providing shareholders with the ability to track the company's performance and make informed investment decisions.
Answered Nov 2, 2023

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