Sunday, Apr 22, 2018
One of America's Great Newspapers ~ Toledo, Ohio


Andersons to offer 2 million more shares

The day after its shares were doubled in a stock split, Maumee agribusiness giant The Andersons Inc. said yesterday it would offer an additional 2 million shares to help fund its ethanol investments and other operations.

The firm did not disclose the timing of the stock offering. It also said existing shareholders would sell 280,000 shares.

In the company s first stock trading since its shares were split 2 for 1 after the Nasdaq National Market closed Tuesday night, the stock finished up 21 cents at $41.51 yesterday. The shares had closed at $82.65 Tuesday and opened at $42.89 yesterday, but the adjusted Tuesday close was set at $41.30.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2018 Toledo Blade

To Top

Fetching stories…