Brief: Opendoor Technologies Reduces Shares Outstanding By 5% In Share Buyback, And Raises $440 Million Of Growth Capital At 0% Coupon
13/08/2026 12:13
BRIEF-Opendoor Technologies Reduces Shares Outstanding By 5% In Share Buyback, And Raises $440 Million Of Growth Capital At 0% Coupon Aug 13 (Reuters) - Opendoor Technologies Inc. OPEN.O:
OPENDOOR TECHNOLOGIES INC.: REDUCES SHARES OUTSTANDING BY 5% IN SHARE BUYBACK, AND RAISES $440 MILLION OF GROWTH CAPITAL AT 0% COUPON
OPENDOOR TECHNOLOGIES INC.: COMBINED STRUCTURE IS DESIGNED SO COMPANY EXPECTS NO NET SHARE ISSUANCE UNTIL OUR STOCK EXCEEDS $10.38 PER SHARE
OPENDOOR: TRANSACTIONS INCLUDE $650 MILLION OFFERING OF 0% CONVERTIBLE SENIOR NOTES DUE 2030, A $158 MILLION REPURCHASE OF ABOUT 45.3 MILLION SHARES
Source text: ID:nGNX7TzcK9
Further company coverage: OPEN.O
((Reuters.Briefs@thomsonreuters.com;))
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Opendoor Technologies falls after $650 mln convertible debt sale
Brief: Opendoor Technologies Reduces Shares Outstanding By 5% In Share Buyback, And Raises $440 Million Of Growth Capital At 0% Coupon