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Api Group Corporation  (APG)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 


 
 APG $39.2700 $0.8900 2.32%

 Volume (M): 1,041   Open : 39.61    52 Wk Avg :  28.52

 
 APG $39.2700 $0.8900 2.32%

 Volume (M): 1,041   Open : 39.61    52 Wk Avg :  28.52




APG Today's High: $39.95 APG Shares One Week Perf: 0.69 %
APG Today's Low: $ 39.17 APG Shares 30 Day Performance: 9.94 %
Number of APG Shares Traded (M): 1,041 APG Share Price 52 Wk High: $ 39.95
Value of APG's Shares Traded (M$): $ 40,880 APG Share Price 52 Wk Avg: $28.52
Share Price at the Open: $39.61 APG's Share Price 52 Wk Low: $20.58



  News about Api Group Corporation's Stock Splits and Dividends

Secondary Offering of APi Group Corporation: Evaluating the Impact on Company Shares

The Upsized Secondary Public Offering of APi Group Corporation: Impact on Company Shares
NEW BRIGHTON, Minn. - APi Group Corporation (NYSE: APG) has announced the pricing of an upsized secondary public offering of common stock, with certain funds affiliated with Blackstone Inc. and Viking Global Investors LP selling 10,569,106 shares at a public offering price of $34.25 per share. This news comes as the company currently has 400 million shares outstanding and a current stock price of $35.05.
The offering, which is being conducted by the Blackstone and Viking Selling Stockholders, aims to provide liquidity to existing shareholders and potentially attract new investors to the company. The pricing of the offering at $34.25 per share represents a discount to the current trading price of $35.05, which may have implications for the stock's performance in the short term.
Investors will be closely watching how the market reacts to the news of the secondary offering and whether it will impact the overall valuation of APi Group Corporation. With the upsized offering and pricing now finalized, shareholders will need to assess the potential implications for their investment in the company.

APi Group's Public Offering Sets Stage for Continued Growth and Investment



APi Group Corporation (NYSE: APG), a leading provider of safety services, specialty services, and industrial services, announced today the commencement of a significant underwritten registered public offering. Certain funds affiliated with Blackstone Inc. and Viking Global Investors LP, known as the Selling Stockholders, are offering up to an aggregate of 8,130,082 shares of common stock of the Company. This press release signifies APi Group's commitment to strategic growth and investment.
Expanding APi Group's Financial Landscape:
This move by the Selling Stockholders reflects the strong confidence they have in APi Group's long-term growth potential and solid financial performance. It also offers an opportunity for investors to participate in APi Group's ongoing success and strategic expansion plans. The Company has built a reputation for delivering exceptional service to clients operating in the energy, industrial, commercial, and residential sectors.





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