First Hawaiian (FHB) Declares $0.24 Quarterly Dividend; 3.4% Yield
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First Hawaiian (FHB) Announces Proposed 20M Share Secondary Offering
July 30, 2018 5:47 AM EDTFirst Hawaiian, Inc. (NASDAQ: FHB) (the Company) today announced that an affiliate of BNP Paribas intends to offer 20 million shares of the Companys common stock in an underwritten public offering. In addition, the selling stockholder intends to grant the underwriter a 30-day option to purchase up to an additional 3 million shares of the Companys common stock. The Company will not be issuing any shares in connection with the offering and will not receive any proceeds from the offering.
In connection with the public offering, the Company entered into a share... More
