Company: POR
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0000784977-25-000074
Chunk: 31

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 per share computations. The denominators of the basic and diluted earnings per share computations are as follows (in thousands):Three Months Ended March 31, 20252024Weighted-average common shares outstanding—basic109,423 101,299 Dilutive effect of potential common shares260 168 Weighted-average common shares outstanding—diluted109,683 101,467 

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Table of ContentsPORTLAND GENERAL ELECTRIC COMPANYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS, continued(Unaudited)

NOTE 7: SHAREHOLDERS’ EQUITYThe activity in equity during the three and three-month periods ended March 31, 2025 and 2024 was as follows (dollars in millions, except per share amounts):Common StockAccumulatedOtherComprehensiveLossRetainedEarningsSharesAmountTotalBalances as of December 31, 2024109,342,251 $2,118 $(4)$1,680 $3,794 Issuances of shares pursuant to equity-based plans161,074 — — — — Stock-based compensation— 5 — — 5 Dividends declared ($0.5000 per share)— — — (55)(55)Net income— — — 100 100 Balances as of March 31, 2025109,503,325 $2,123 $(4)$1,725 $3,844 Balances as of December 31, 2023101,159,609 $1,750 $(5)$1,574 $3,319 Issuances of shares pursuant to equity-based plans148,926 — — — — Stock-based compensation— — — — — Issuances of shares pursuant to equity agreements1,714,972 78 — — 78 Other comprehensive income— — 1 — 1 Dividends declared ($0.4750 per share)— — — (48)(48)Net income— — — 109 109 Balances as of March 31, 2024103,023,507 $1,828 $(4)$1,635 $3,459 At-the-Market Offering Program—In July 2024, PGE entered into an equity distribution agreement under which it