BUZZ-American Electric Power gains on increased capex plan

Reuters
2025.10.29 12:08
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Shares of U.S. utility American Electric Powerup 3.2% at $118.80 in premarket tradeCo raises its five-year capital spending plan to $72 billion from $54 billion to meet unprecedented power requirementsQ3 total operating revenue rose nearly 11% to $6.01 billion compared with a year agoAEP posts adjusted Q3 profit of $1.80 per share, narrowly missing estimate of $1.81 per share - data compiled by LSEGAs of last close, AEP shares up 24.8% YTD