HONOLULU–(BUSINESS WIRE)–On September 16, 2026, Hawaiian Electric Industries, Inc. (NYSE – HE) (“HEI”) monetized 30% of its 9.9% stake in American Savings Bank, N.A. (NYSE – ASBH) (“ASB”), as part of ASB’s initial public offering. The sale of approximately 2.0 million shares resulted in $29.5 million in proceeds to HEI, net of underwriting fees and issuance costs. The underwriters have a 30-day option to purchase up to an additional 293,904 shares of common stock from HEI, and fully exercisin