Schneider National (SNDR) IPO Prices at $19

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Schneider National, Inc. Announces Pricing of Initial Public Offering

April 5, 2017 8:48 PM EDT

GREEN BAY, Wis.--(BUSINESS WIRE)-- Schneider National, Inc. (Schneider or the Company) announced today the pricing of its initial public offering of 28,947,000 shares of its Class B common stock, at a price to the public of $19 per share. Schneider is issuing and selling 16,842,000 shares and the selling shareholders named in the registration statement are selling 12,105,000 shares. Schneiders Class B common stock is expected to begin trading on the New York Stock Exchange under the symbol SNDR on April 6, 2017.

In addition, Schneider has granted the underwriters a 30-day option to purchase up to an additional 4,342,000 shares of Class B common... More