Fulton Financial (FULT) Launches Share Offering

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Go back to Fulton Financial (FULT) Launches Share Offering

Fulton Financial Announces Launch of Common Stock Offering

April 29, 2024 6:27 AM EDT

LANCASTER, Pa.--(BUSINESS WIRE)-- Fulton Financial Corporation (NASDAQ: FULT) (the Corporation) today announced that it commenced an underwritten public offering of shares of its common stock. The Corporation expects to grant the underwriters a 30-day option to purchase additional shares of its common stock.

Piper Sandler and BofA Securities are acting as joint book-running managers for the offering.

The Corporation intends to use the net proceeds of the offering for general corporate purposes, including to support new opportunities in connection with its business strategy following its previously announced acquisition of... More