OGE Energy announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation to purchase up to 3,000,000 shares of OGE Energy common stock from OGE Energy shareholders. The offer represents approximately 1.5% of OGE Energy’s shares of common stock outstanding as of the June 16, 2023 offer date. TRC Capital’s offer price of $34.95 per share is approximately 4.38% lower than the $36.55 closing price of OGE Energy common stock on the NYSE on June 15. OGE Energy does not endorse TRC Capital’s unsolicited mini-tender offer and recommends that shareholders do not tender their shares in response to TRC Capital’s offer because the offer is at a price that is significantly below the current market value of OGE Energy common stock.
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