General Contractors & Builders IPOs » By The Online Investor Staff, updated Mon., May. 23, 10:18 AMRecent initial public offerings in the General Contractors & Builders IPOs category.
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Slide #2. Taylor Morrison Home Corporation — Initial Public Offering
Company:
Taylor Morrison Home Corporation
Proposed Symbol:
TMHC
Shares Offered:
28,572,000
Price Per Share:
$22.00
Over-Allotment:
4,285,800
Description:
Taylor Morrison Home Corporation (the "Company") today announced the launch of its initial public offering in the United States of 23,810,000 shares of its Class A common stock. The initial public offering price is currently expected to be between $20.00 and $22.00 per share of Class A common stock. The shares have been approved for listing on the New York Stock Exchange and trading under the ticker symbol "TMHC," subject to official notice of issuance. The underwriters have the option to purchase from the Company up to an additional 3,571,500 shares of Class A common stock, on the same terms and conditions, to cover over-allotments, if any. --updated 4/10 - Taylor Morrison Home Corporation (NYSE:TMHC) today announced the pricing of its initial public offering of 28,572,000 shares of the Company's Class A common stock at a price to the public of $22.00 per share. The shares will be listed on the New York Stock Exchange and will trade under the ticker symbol "TMHC" beginning on April 10, 2013. The underwriters also have a 30-day option to purchase up to an additional 4,285,800 shares of the Company's Class A common stock at the initial public offering price less the underwriting discount. The offering is expected to close on April 12, 2013.
