Corporate ActionAug 7, 2026, 04:07 PM
Celestica Raises $3.39B in Common Share Offering
AI Summary
Celestica Inc. entered an underwriting agreement with Citigroup Global Markets Inc., BofA Securities, Inc., and TD Securities Inc. for an offering of 9,677,419 common shares at $310.00 per share. The underwriters fully exercised their option to purchase an additional 1,451,612 shares. The company estimates net proceeds of approximately $3.39 billion, which will be used for working capital, capital expenditures, and other general corporate purposes.
Key Highlights
- Celestica entered an underwriting agreement on August 5, 2026.
- Offered 9,677,419 common shares at an offering price of $310.00 per share.
- Underwriters fully exercised their option to purchase 1,451,612 additional common shares.
- Estimated net proceeds from the offering are approximately $3.39 billion.
- Proceeds will be used for working capital and capital expenditures.
- Funds are also allocated for other general corporate purposes.
Price Impact
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