Secondary Stock Offerings
By The Online Investor Staff, updated Sat., Apr. 20, 6:59 AM
| This Slide: #6 of 25 |
Slide #6. Montrose Environmental Group, Inc. — Secondary Offering
Company:
Montrose Environmental Group, Inc. (NYSE:MEG)
Date announced:
4/16/2024
Shares Offered:
3,000,000
Date of Pricing:
4/17/2024
Price Per Share:
$37.15
Secondary Offering Details:
Montrose Environmental Group, Inc. (the "Company" or "Montrose") (NYSE:MEG) announced today that it intends to offer for sale 3,000,000 shares of its common stock in an underwritten public offering. All of the securities to be sold in the offering are being offered by the Company. In addition, the Company will grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock. -updated 4/17- Montrose Environmental Group, Inc. (the "Company" or "Montrose") (NYSE:MEG) announced today the pricing of the previously announced underwritten public offering by the Company of 3,000,000 shares of its common stock at a price of $37.15 per share (before underwriting discounts and commissions). The Company has also granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock. All of the securities to be sold in the offering are being offered by the Company. The offering is expected to close on April 22, 2024, subject to the satisfaction of customary closing conditions.
Montrose Environmental Group is an environmental services company. Co.'s business segments are: Assessment, Permitting and Response, which provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for existing operations, facility upgrades, new projects, decommissioning projects and development projects; Measurement and Analysis, which provides environmental testing and laboratory services; and Remediation and Reuse, which provides clients with engineering, design, implementation and operations and maintenance services.
MEG SEC Filing Email Alerts Service
Open the MEG Page at The Online Investor »
|
||||||||||||||||||||||||
Open the MEG Page at The Online Investor (in a new window) »
 Free MEG Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
 
|
Buy (3.43 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: MEG Stock Forecast Based on Zacks ABR data; powered by Xignite |
