DTE Energy enters up to $1.5B at-the-market equity offering program

DTE ENERGY CO

Program allows sale of common stock via multiple managers (Barclays, BMO, BofA, etc.) through NYSE at market prices.
Shares may also be sold in block trades or through forward sale agreements with forward sellers and forward purchasers.
Commissions up to 2% of gross proceeds; no obligation to sell any shares.
Proceeds for general corporate purposes including investment in subsidiaries.
Forward agreements allow future settlement; company may not receive proceeds if cash or net share settled.

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