bullish

Boeing Co

Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering

Dimitris has highlighted this Insight as a Top Pick
501 Views30 Oct 2024 04:45
​Boeing's equity offering is forecasted to increase index shares, dilute strategic holding hence generate over $5bn demand, across US & Global indices including S&P500 by the end of October 2024.
What is covered in the Full Insight:
  • Introduction to Boeing's Equity Offering
  • Details of the Common Stock and Depositary Shares
  • Implications on Free Float and Shareholding Structure
  • Potential Index Implications and Timing
  • Conclusion and Market Outlook
Boomeranged on Wed, 30 Oct 2024 21:06
Global purple announced the increase in shares at the close of 29 October with a trade date at the close of 31 October where demand of ~$1.6bn and ~1.1 ADV is expected from US & Global purple alone. Announcement/implementation dates for the rest of the indices are not publicly announced but are estimated to be similar.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
Dimitris Ioannidis
US-EU Index Rebalances / Quantitative Researcher
Ortex
Equities
Price Chart(Sign Up to Access)
analytics-chart
x