Underwriters Exercise 275K Option in Susser (SUSS) Common Offering
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Susser Holdings Corporation (Nasdaq: SUSS) announced that the underwriters of its recent public offering of common stock have exercised their additional purchase option in part, purchasing 275,000 shares of common stock at a public offering price of $21.75 per share.
Earlier this month Susser Holdings sold 3,500,000 common shares of its stock through an underwritten public offering. After giving effect to the underwriters' purchase of these additional shares, combined net proceeds from the offering totaled approximately $77.7 million, after deducting underwriting discounts and commissions and estimated offering expenses.
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Earlier this month Susser Holdings sold 3,500,000 common shares of its stock through an underwritten public offering. After giving effect to the underwriters' purchase of these additional shares, combined net proceeds from the offering totaled approximately $77.7 million, after deducting underwriting discounts and commissions and estimated offering expenses.
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