Streetbeat News

Equity Actions

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

ANEW

ANEW MEDICAL has filed a prospectus for the offering and resale of up to 21.5 million shares of common stock, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:36 pm

CSWI

CSW Industrials (NASDAQ:CSWI) stock fell 10.3% after increasing its public offering size to 1.1 million shares at $285 each, generating $313.5 million in gross proceeds. The funds will primarily repay debt and support potential acquisitions.

Portfolio Pulse from Henry Khederian

September 05, 2024 | 4:16 pm

SHC

Sotera Health Co (NASDAQ:SHC) shares rose by 5.97% following the announcement of a secondary offering of 25 million shares by Warburg Pincus and GTCR. These entities will no longer hold a majority stake, affecting their rights. Sotera Health will not receive proceeds from the sale.

Portfolio Pulse from Henry Khederian

September 05, 2024 | 4:04 pm

BKSY

BlackSky Technology's shares fell following the announcement of a 1-for-8 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:41 pm

PTHL

Pheton Holdings' IPO was priced at $4 per share, but the stock opened for trading at $3.76 per share, indicating a lower-than-expected market reception. The company issued 2.25 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:40 pm