Centuri Holdings (CTRI) Prices Upsized 9.75M Secondary Share Offering

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Centuri Announces Pricing of Upsized Secondary Public Offering of Common Stock

June 16, 2025 10:11 PM EDT

PHOENIX--(BUSINESS WIRE)-- Centuri Holdings, Inc. (NYSE: CTRI) (Centuri or the Company) today announced the pricing of an underwritten secondary public offering of 9,750,000 shares of Centuris common stock by Southwest Gas Holdings, Inc. (Southwest Gas) as selling stockholder (the Offering). The size of the Offering reflects an increase from the 9,500,000 shares originally proposed to be sold. Southwest Gas has also granted the underwriters a 30-day option to purchase up to an additional 1,462,500 shares of Centuris common stock. The Offering is expected to close on June 18, 2025, subject to customary closing conditions.

Subject to the expiration or... More