State Street (STT) Announces 21.7M Share Public Offering of Common Stock

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Go back to State Street (STT) Announces 21.7M Share Public Offering of Common Stock

State Street (STT) Prices 21.7M Share Offering at $87.6/sh

September 10, 2021 5:55 AM EDT

State Street Corporation (NYSE: STT) today announced the pricing of an underwritten public offering of 21,724,217 shares of its common stock at a public offering price of $87.60 per share. The offering is being conducted as a public offering registered under the Securities Act of 1933, as amended.

The offering is expected to close on September 14, 2021, subject to customary closing conditions.

State Street intends to use the net proceeds from this offering to fund a portion of the cash consideration payable for, and certain costs associated with, the... More