PREX~~.55 callMONSTA HUGE,,Quarterly Report to Holders of Contingent Value Obligations for the Quarter Ended March 31, 2018
May 24, 2018 To Holders of Contingent Value Obligations: Overview There are currently 98.6 million Contingent Value Obligations (CVOs) issued and outstanding. CVOs were issued as a result of the Progress Energy, Inc. (Progress Energy or the Company) and Florida Progress Corporation share exchange on November 30, 2000. For every Florida Progress Corporation share owned at that time, one CVO was issued. As of May 24, 2018 , Progress Energy has repurchased and holds 83.4 million of the outstanding CVOs.
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