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Equity Actions

PACS

PACS Group, Inc. announced a public offering of 16.55 million shares at $36.25 per share, raising $101 million for the company and $499 million for selling stockholders. The offering is expected to close on September 9, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:01 am

ROK

Rockwell Automation plans to expand its share repurchase program by an additional $1 billion, adding to the previous $1 billion authorization from May 2022, with $353 million remaining as of September 2024.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 9:02 pm

AVB

AvalonBay Communities has announced a public offering of 3.20 million common shares through forward sale agreements with major financial institutions. The company plans to use future proceeds for land acquisitions, development, and other corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:46 pm

PATH

UiPath, Inc. (NYSE:PATH) reported strong Q2 results, surpassing earnings and revenue estimates. The company announced a $500M share repurchase program and provided upbeat guidance for Q3 and fiscal year revenue. Shares rose 7.54% after-hours.

Portfolio Pulse from Erica Kollmann

September 05, 2024 | 8:35 pm

PATH

UiPath shares rise as the company reports strong Q2 results, surpassing expectations, and provides optimistic FY25 revenue guidance. Additionally, UiPath expands its stock repurchase program by $500 million.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:25 pm

HELE

Helen of Troy Limited has announced a new $500 million share repurchase authorization, effective August 20, 2024, for three years. This move aligns with the company's strategy to return capital to shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:15 pm

PATH

UiPath has announced a $500 million expansion of its stock repurchase program, highlighting its improved financial performance and commitment to shareholder value.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:12 pm

EAST

Eastside Distilling announced a registered direct offering of 442,042 shares at $1.00 per share to a single institutional investor, expected to close by September 6, 2024. Joseph Gunnar & Co., LLC is the exclusive placement agent.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:38 pm

ZETA

Zeta Global Holdings shares are trading higher following the announcement of a $204.9 million public offering of 13.2 million Class A common shares at $23.50 per share.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:44 pm

PCVX

Vaxcyte shares are experiencing an upward trend following the company's announcement of a $1.3 billion public offering.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:44 pm