Albemarle (ALB) Prices Upsized 40M Share Offering at $50/sh

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Go back to Albemarle (ALB) Prices Upsized 40M Share Offering at $50/sh

ALBEMARLE ANNOUNCES UPSIZE AND PRICING OF PUBLIC OFFERING OF DEPOSITARY SHARES

March 6, 2024 6:00 AM EST

CHARLOTTE, N.C., March 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) ("Albemarle" or the "Company"), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced that it has priced its previously announced offering (the "Offering") of 40,000,000 depositary shares ("Depositary Shares"), each representing a 1/20th interest in a share of Series A Mandatory Convertible Preferred Stock of the Company... More