ONEOK (OKE) Prices 26M Share Common Offering at $32/Sh
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ONEOK Announces Pricing of Common Stock Offering
June 11, 2020 7:26 PM EDTTULSA, Okla., June 11, 2020 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it priced its previously announced public offering of 26 million shares of its common stock at a price to the public of $32.00 per share. ONEOK expects gross proceeds from the offering, before deducting underwriting discounts and offering expenses, will total approximately $832.0 million.
ONEOK also granted the underwriters a 30-day over-allotment option to purchase up to 3.9 million additional shares.
ONEOK expects to use the net proceeds from the offering for general corporate purposes, which may include the repayment... More
