Washington Trust Bancorp (WASH) Announces $55M Share Offering

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Go back to Washington Trust Bancorp (WASH) Announces $55M Share Offering

Washington Trust Announces Stock Offering

December 12, 2024 4:01 PM EST

WESTERLY, R.I., Dec. 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced it has commenced an underwritten public offering of $55,000,000 of the Corporation's common stock. The Corporation also expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering.... More