Stewart Announces Pricing of Public Offering of Common Stock
StewartStewart(US:STC) Prnewswire·2025-12-11 01:45

Group 1 - Stewart Information Services Corporation announced a public offering of 1,900,000 shares of common stock at a price of $68.00 per share, with expected gross proceeds of approximately $129.2 million, or $148.6 million if the underwriters fully exercise their option for an additional 285,000 shares [1] - The offering is anticipated to close on December 12, 2025, subject to customary closing conditions [1] - Goldman Sachs & Co. LLC is the lead book-running manager for the offering, with Citizens Capital Markets as the book-running manager and several firms acting as co-managers [2] Group 2 - A registration statement and preliminary prospectus supplement related to the securities have been filed with the Securities and Exchange Commission, and the registration statement became automatically effective upon filing [3] - The offering is being made only by means of a prospectus supplement, and a copy of the final prospectus supplement will be available from Goldman Sachs [3] Group 3 - Stewart Information Services Corporation is a global real estate services company, providing a range of products and services including title insurance, closing and settlement services, and specialized offerings for the mortgage industry [5]