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ADT Announces Pricing Of Secondary Public Offering Of 65M Common Shares At $6.50/Share And Concurrent Share Repurchase

Author: Benzinga Newsdesk | March 07, 2024 03:46am

In addition, ADT has authorized the concurrent purchase from the underwriters of 15,000,000 shares of common stock as part of the secondary public offering (the "Share Repurchase") subject to the completion of the offering. The Share Repurchase is part of the Company's existing $350 million share repurchase program. The underwriters will not receive any underwriting fees for the shares being repurchased by the Company.

Posted In: ADT