Franklin Resources' Stockholders to Sell Over 31 Million Shares of Common Stock
Monday, 1 July 2024, 20:32
Franklin Resources Announces Stock Sale
Franklin Resources (BEN) has filed a prospectus for selling 31,557,117 shares of common stock held by stockholders.
Key Points:
- Ownership Transfer: Over 31 million shares of common stock to be sold.
- Market Impact: Potential liquidity and ownership changes for Franklin Resources.
Overall, the sale of the large stock holding might influence the company’s future market performance and shareholder structure.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.