Associated Banc-Corp announces pricing of common stock offering
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Associated Banc-Corp has announced the pricing of a public offering of 12 million shares of its common stock at $25 per share, aiming to raise $300 million.
November 15, 2024 | 3:00 am
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Associated Banc-Corp is conducting a public offering of 12 million shares at $25 each, expected to raise $300 million.
The issuance of new shares can lead to dilution of existing shares, potentially putting downward pressure on the stock price in the short term. However, the capital raised could be used for growth initiatives, which might offset the negative impact.
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