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M&G PLC Invests $1.88 Million in Southern Company
M&G PLC, a major institutional investor, acquired 19,829 shares of Southern Company (NYSE:SO) in the third quarter of 2025, valued at approximately $1.88 million. This investment signals confidence in Southern Company’s long-term prospects as a leading electric and gas utility and highlights ongoing institutional interest in the utility sector, particularly given its focus on renewable energy and grid modernization. The move underscores the continued appeal of regulated utility stocks known for their resilience and steady returns.