Brief: The Azek Company Announces Secondary Public Offering Of Class A Common Stock And Concurrent Share Repurchase

Azek

16/05/2023 21:50

Azek Company Inc  AZEK.N :
    * THE AZEK COMPANY ANNOUNCES SECONDARY PUBLIC OFFERING OF
CLASS A
COMMON STOCK AND CONCURRENT SHARE REPURCHASE
    * AZEK COMPANY INC -  SELLING STOCKHOLDERS INTEND TO OFFER
AN
AGGREGATE OF 14 MILLION SHARES OF CLASS A COMMON STOCK
    * AZEK COMPANY INC - INTENDS TO REPURCHASE FROM UNDERWRITER
ABOUT
$36 MILLION OF SHARES OF CLASS A COMMON STOCK SOLD AS PART OF
SECONDARY PUBLIC OFFERING
    * AZEK COMPANY INC - INTENDS TO FUND CONCURRENT SHARE
REPURCHASE
FROM EXISTING CASH ON HAND
    * AZEK COMPANY INC - CONCURRENT SHARE REPURCHASE IS PART OF
COMPANY'S EXISTING $400 MILLION SHARE REPURCHASE PROGRAM

Source text for Eikon:  ID:nBw9Vfj8ka 
Further company coverage:  AZEK.N