Cousins Properties Prices Public Offering of 6,000,000 Shares of Common Stock
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Cousins Properties has announced a public offering of 6,000,000 shares of its common stock, aiming to raise approximately $188 million before expenses.
November 08, 2024 | 1:15 pm
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Cousins Properties is conducting a public offering of 6 million shares, expected to raise $188 million before expenses. This could lead to short-term stock price fluctuations due to increased supply.
The issuance of new shares typically increases the supply of stock, which can lead to a decrease in stock price in the short term. The offering aims to raise $188 million, which is significant for the company's financial strategy.
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