CompuCredit (CCRT) Ramps Up on Surprise $10/Share Tender Offer

August 15, 2012 5:14 PM EDT
Get Alerts CCRT Hot Sheet
Trade CCRT Now!
Join SI Premium – FREE
CompuCredit Holdings Corporation (NASDAQ: CCRT) is jumping after-hours Wednesday after the company commenced a cash tender offer for up to 8,250,000 shares of its outstanding common stock, no par value per share, at a purchase price of $10.00 per share.

Shares closed at just $5.02 today.

The stock last traded at $7.10, up 41 percent from the close.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Momentum Movers, Stock Buybacks

Add Your Comment