Leggett & Platt Inc Files For Mixed Shelf Offering; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Leggett & Platt Inc has filed for a mixed shelf offering, with the size of the offering not disclosed, according to an SEC filing.
June 14, 2024 | 4:55 pm
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Leggett & Platt Inc has filed for a mixed shelf offering, which allows the company to issue various types of securities over time. The size of the offering has not been disclosed.
A mixed shelf offering allows the company to issue different types of securities, which can affect the stock price depending on the market's perception of the offering's purpose and size. The lack of disclosed size adds uncertainty, which may lead to short-term volatility.
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