Thu. 7 Mar 2024, 2:46am ET
Benzinga
News
In addition, ADT has authorized the concurrent purchase from the underwriters of 15,000,000 shares of common stock as part of the secondary public offering (the "Share Repurchase") subject to the completion of the offering. The Share Repurchase is part of the Company's existing $350 million share repurchase program. The underwriters will not receive any underwriting fees for the shares being repurchased by the Company.