M&T Bank Corp Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
M&T Bank Corp has filed for a mixed shelf offering, according to a SEC filing. The size of the offering has not been disclosed.

September 22, 2023 | 8:08 pm
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M&T Bank Corp's filing for a mixed shelf offering could potentially dilute existing shares, depending on the size and pricing of the offering.
A mixed shelf offering allows a company to issue various types of securities, such as stocks, bonds, or other instruments, over a certain period. This could potentially dilute existing shares, depending on the size and pricing of the offering. However, the size of M&T Bank's offering has not been disclosed, making it difficult to assess the potential impact.
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