Hayward (HAYW) Prices Secondary Offering of 24,000,000 Shares of Common Stock by Selling Stockholders and Repurchase of Common Stock
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Hayward Holdings Announces Pricing of Secondary Offering of 24,000,000 Shares of Common Stock by Selling Stockholders and Repurchase of Common Stock
May 3, 2022 9:29 AM EDTBERKELEY HEIGHTS, N.J.--(BUSINESS WIRE)-- Hayward Holdings, Inc. (NYSE: HAYW) (the Company), a global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems, today announced that funds affiliated with CCMP Capital Advisors, LP and Alberta Investment Management Corporation (the Selling Stockholders), announced the pricing of an underwritten secondary offering of 24,000,000 shares of its common stock at a public offering price of $14.50 per share pursuant to an automatic shelf registration statement (the Offering) filed with the Securities and Exchange Commission (the SEC). The Selling Stockholders intend to grant the... More