LPL Financial (LPLA) Announces Proposed $1.5B Share Offering

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Go back to LPL Financial (LPLA) Announces Proposed $1.5B Share Offering

LPL Financial Announces Proposed $1.5 Billion Common Stock Offering

March 31, 2025 6:56 AM EDT

SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, LPL Financial or LPL) today announced that it has commenced an underwritten public offering of $1.5 billion of its common stock.

Morgan Stanley & Co. LLC is acting as sole active book-running manager. LPL also intends to grant the underwriters a 30-day... More