Calpine brings buybacks to $1.4 billion

New York, Nov. 5 - Calpine Corp. said that it has bought back $1.4 billion principal amount of its outstanding debt and preferred securities through Nov. 1.

The San Jose, Calif. energy company paid a total of $1.0 billion in cash and issued 30.0 million shares of common stock valued at $160.6 million for the securities.

At the company's last report on Aug. 14, it said it had bought back $1.19 billion of debt securities from July 1 to Aug. 8 at a cost of $988 million.

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