Skip navigation

Underwriters to Buy Sprouts Shares

PHOENIX — Sprouts Farmers Market said Wednesday that underwriters of its secondary stock offering would exercise their option to buy 2.55 million shares of its stock.


CONNECT WITH SN ON TWITTER

Follow @SN_News for updates throughout the day.


The purchase will increase the number of shares sold in the offering to 19.55 million, which would raise a total of $723.4 million.

Sprouts majority owner Apollo Capital Management would receive around $377.4 million of the total.

Suggested Categories More from Supermarketnews

 

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish