bullish
Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering
Dimitris has highlighted this Insight as a Top Pick
492 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.
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