AmEx (AXP) Confirms Pricing of 19.8M Shares at $25.25, Raising $500M
American Express (NYSE: AXP) announced today that it has priced a public offering of 19,801,981 shares of its common stock at a price to the public of $25.25 per share for total gross proceeds of approximately $500 million. American Express has also granted the underwriters a 30-day option to purchase an additional 2,970,296 shares of its common stock.
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