secondary offering


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Related to secondary offering: Primary offering

secondary offering

n.
The sale of a large block of outstanding stock through dealers outside a stock exchange.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in periodicals archive ?
BANKING AND CREDIT NEWS-September 18, 2018-Cadence Bancorporation proposes secondary offering of 14.5% of outstandingclass A common stock
The Company will not receive any proceeds from the Secondary Offering.
TELECOMWORLDWIRE-January 17, 2017-Ooma stockholders launch secondary offering
The company said the agreement with Pessina, dated October 31, is subject to the completion of the underwritten secondary offering.
M2 PHARMA-December 21, 2015-IRadimed prices secondary offering at USD24.25 per share
A secondary offering is one where one or more of the founding shareholders in a company sell a portion of their stake in the company, without increasing the capital of the company in question.
The company claimed gross sales were about $121 million; typical underwriting discounts and commissions run about eight percent in a secondary offering, meaning the company garnered about $110 million.
(NYSE: DST) said it has priced a previously announced underwritten secondary offering by the Argyros Family Trust and certain of its affiliates of 5,357,200 shares of DST Systems' common stock at a price of USD84.00 per share.
The shares were purchased on Friday in a secondary offering at a price of USD12.90 (EUR9.77) apiece, Perry Corp said in a regulatory filing.
Travel Business Review-January 23, 2012--Spirit Airlines Announces Pricing for Secondary Offering of Common Stock(C)2012] ENPublishing - http://www.enpublishing.co.uk
International Resource News-September 22, 2011--The Mosaic Company plans registered secondary offering of common stock(C)1994-2011 ENPublishing - http://www.enpublishing.co.uk