Hawaiian Electric monetizes 30% of stake in ASB
Hawaiian Electric Industries (HE) received $29.50 million in net proceeds from the sale of 2.0 million ASB shares.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
4 results loaded, newest first. End of these results.
Hawaiian Electric monetizes stake in ASB IPO, effective Sept 16
Hawaiian Electric Industries said it will monetize 30% of its 9.9% ASB stake in connection with the ASB IPO on Sept. 16, 2026.
Hawaiian Electric monetizes 2,000,000 ASB shares in IPO for USD 29.5 million
Hawaiian Electric Industries (HEI) has monetized 30% of its stake in American Savings Bank (ASB) through ASB's IPO, generating USD 29.5 million in net proceeds from the sale of approximately 2,000,000 shares. An additional USD 4.4 million in net proceeds may be generated if underwriters exercise their option to purchas
HEI monetizes 30% of ASB stake for $29.5 million proceeds
Hawaiian Electric Industries monetized 30% of its 9.9% stake in American Savings Bank (ASB) as part of ASB’s IPO, selling about 2.0 million shares for $29.5 million in proceeds.