Centuri Holdings (CTRI) Announces 9.5M Share Secondary Offering

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Centuri Announces Launch of Secondary Public Offering of Common Stock

June 16, 2025 4:08 PM EDT

PHOENIX--(BUSINESS WIRE)-- Centuri Holdings, Inc. (NYSE: CTRI) (Centuri or the Company) today announced the commencement of an underwritten secondary public offering of 9,500,000 shares of Centuris common stock by Southwest Gas Holdings, Inc. (Southwest Gas) as selling stockholder (the Offering). Southwest Gas also expects to grant the underwriters a 30-day option to purchase up to an additional 1,425,000 shares of Centuris common stock.

Subject to the expiration or early termination of the applicable waiting period relating to certain antitrust filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, Southwest Gas has also entered... More