Reported Earlier, Target Hospitality Prices Upsized Secondary Offering Of 14M Common Shares At $18.50 Per Share, Concurrent Stock Repurchase
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Why It Matters
Target Hospitality is selling more shares to raise money and buying back some of its own shares at the same time. This helps the company get cash while also showing confidence that its stock price is fair.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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