Ventas Announces Underwritten Offering of 10.6 Million Shares of Common Stock
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Ventas, Inc. (NYSE: VTR) announced an underwritten public offering of 10.6 million shares of its common stock, with an option for the underwriter to purchase an additional 1.59 million shares. This offering is in connection with a forward sale agreement.
November 13, 2024 | 10:00 pm
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Ventas is conducting an underwritten public offering of 10.6 million shares, potentially increasing to 12.19 million shares if the underwriter's option is exercised. This could lead to short-term stock price pressure due to dilution concerns.
The announcement of a large share offering typically leads to concerns about stock dilution, which can put downward pressure on the stock price in the short term. The option for additional shares further increases potential dilution.
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