Equity One (EQY) Underwriters Exercise Full Over-Allotment on Recent Offering
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Price: $25.20 -2.29%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 3.5%
Revenue Growth %: +6.0%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 3.5%
Revenue Growth %: +6.0%
Trade EQY Now!
Equity One, Inc. (NYSE: EQY) announced the full exercise of the underwriter’s option to purchase an additional 465,000 shares of common stock and 150,000 shares of common stock, respectively, from the Company and AH Investments US, LP, a stockholder of the Company, at the public offering price of $21.20 per share, less the underwriting discount. The option was exercised in connection with the public offering of 4.1 million shares of common stock of the Company, of which the Company offered 3.1 million shares and AH Investments US, LP offered 1.0 million shares. The Company will not receive any of the proceeds from the sale of additional shares of common stock by the selling stockholder.
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