Invitation Homes Inc. (INVH) Announces 10M Share Offering
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Invitation Homes Announces Offering of 10,000,000 Shares of Common Stock
September 23, 2021 4:05 PM EDTDALLAS--(BUSINESS WIRE)-- Invitation Homes Inc. (NYSE: INVH) (Invitation Homes or the Company) announced today that it has commenced an offering of 10,000,000 shares of Invitation Homes common stock. Invitation Homes intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock.
Invitation Homes intends to use the net proceeds from the offering for general corporate purposes, which may include, without limitation, working capital, repayment of indebtedness, acquisitions and renovations of single-family properties and for related activities in accordance with its business strategy.
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