Looking back to 168 days ago, Spectra Energy Corp (NYSE: SE) priced a 12,800,000 share secondary stock offering at $26.75 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 14.7% above the offering price. It should be noted that investors at the secondary have collected $0.61/share in dividends since the time of their purchase, so they are...
Looking back to 168 days ago, Spectra Energy Corp (NYSE: SE) priced a 12,800,000 share secondary stock offering at $26.75 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 14.7% above the offering price. It should be noted that investors at the secondary have collected $0.61/share in dividends since the time of their purchase, so they are...
Share this Article
Recommended