ADT Announces Pricing of Secondary Offering and Share Repurchase

Thursday, 7 March 2024, 09:39

ADT stock is witnessing a slide after the company priced a secondary public offering of 65 million shares at $6.50 a share. The offering involves shares held by affiliates of Apollo Global Management. This move has led to market reactions and concerns among investors about the impact on ADT stock performance.
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ADT Announces Pricing of Secondary Offering and Share Repurchase

ADT Stock Offering and Repurchase

ADT (ADT) announces the pricing of a secondary public offering of 65 million shares of the company’s common stock held by certain entities managed by affiliates of Apollo Global Management.


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.


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