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CLW

MDU

Everus Construction will be added to the S&P SmallCap 600 on November 1, replacing Clearwater Paper. MDU Resources Group is spinning off Everus Construction and will remain in the index, changing its sector classification from Industrials to Utilities.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:22 pm

HRMY

Harmony Biosciences announced a public offering of up to 8 million shares of common stock by selling shareholders Marshman Fund Trust II and Valor IV Pharma Holdings. This offering does not involve the issuance of new shares by the company itself.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:17 pm

CMG

Chipotle's board has approved an additional $900 million stock repurchase program, expanding on previous authorizations. The program can be modified or discontinued at any time.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:54 pm

CHWY

Keith Gill has filed an amended Schedule 13G, indicating he has reduced his stake in Chewy (CHWY) to 0.0% as of September 30, 2024, showing no beneficial ownership in the company's Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:27 pm

THRY

Thryv Holdings, Inc. (NASDAQ:THRY) has announced a $75 million public offering of its common stock to fund its acquisition of Infusion Software, Inc. RBC Capital Markets is managing the offering.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:25 pm

EXE

Expand Energy has announced a new $1 billion share repurchase authorization as part of its enhanced capital return framework. The plan, effective January 1, 2025, prioritizes a base dividend of $2.30 per share and $500 million in annual net debt reduction. Remaining free cash flow will be used for share repurchases and additional dividends.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:05 pm

DBGI

Digital Brands Group Inc (DBGI) shares fell 35% after announcing a public offering of 30 million shares at $0.10 each, raising $3 million. The offering dilutes existing shares and signals potential financial strain.

Portfolio Pulse from Henry Khederian

October 29, 2024 | 5:34 pm

UMAC

Unusual Machines, Inc. (NYSE:UMAC) announced a $1.96 million private placement, issuing 1,286,300 units at $1.52 each. Each unit includes one share of common stock and one warrant, exercisable at $1.99 per share. The funds will be used for corporate purposes and working capital.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:18 pm

BA

GCAD

MISL

Boeing has expanded its stock offering, pricing 112.5 million shares at $143 each, and $5 billion in depositary shares. The company aims to raise $20.7 billion, with proceeds for general corporate purposes. Boeing's stock rose 1.71% following the announcement.

Portfolio Pulse from Lekha Gupta

October 29, 2024 | 5:10 pm

VERA

Vera Therapeutics shares declined following the announcement of a $300 million public offering of its Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:37 pm