Informatica Announces Pricing of Secondary Public Offering of Common Stock
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Informatica has announced the pricing of a secondary public offering of 16 million shares of its Class A common stock at $25.50 per share. The shares are being sold by Permira and Canada Pension Plan Investment Board.
November 08, 2024 | 8:00 am
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Informatica has priced a secondary public offering of 16 million shares at $25.50 each. The shares are being sold by existing investors, Permira and Canada Pension Plan Investment Board.
The secondary offering increases the supply of shares in the market, which can lead to a decrease in stock price due to dilution. The offering is priced at $25.50, which may influence investor perception and trading activity.
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