Evertec (EVTC) Announces 6.36M Share Secondary Offering
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EVERTEC Announces Secondary Offering of Common Stock
August 10, 2022 9:07 AM EDTSAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (Evertec or the Company) today announced that Popular, Inc. (NASDAQ: BPOP) (the Selling Stockholder) has commenced an underwritten secondary offering of 6,355,694 shares of the Companys common stock.
The Selling Stockholder will receive all of the net proceeds from the offering. The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the offering.
In addition, Evertec has entered into a repurchase agreement with the Selling Stockholder to repurchase... More
