Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Bread Financial prices $115M offering of preferred stock depositary shares to fund corporate needs and share buybacks.

Company Fundamentals
05 May 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

Bread Financial Holdings, Inc. has priced a public offering of 4.8 million depositary shares representing interests in its Series B preferred stock, with an option for underwriters to buy an additional 720,000 shares. The offering is expected to raise approximately $115.3 million in net proceeds, which the company plans to use for general corporate purposes including potential loans to its subsidiary bank and share repurchases. The depositary shares will be listed on the New York Stock Exchange, and the offering is scheduled to close on May 12, 2026, subject to customary conditions. This move supports Bread Financial's financial flexibility and growth strategies.

More News

Prestige Consumer Healthcare acquires LaCorium Health for $150M, prices $400M senior notes.

Prestige Consumer Healthcare acquires LaCorium Health for $150M, prices $400M senior notes.

Prestige Consumer Healthcare completed the acquisition of Australian therapeutic skin care company LaCorium Health for approximately $150 million in cash on July 1, 2026. LaCorium, known for brands like Dermal Therapy and Flexitol, generates about $4...

Company Fundamentals
Bullish
28 minutes ago
GuideAI appoints vascular expert Dr. Benenati after FDA clears its AI vascular triage software VAOT

GuideAI appoints vascular expert Dr. Benenati after FDA clears its AI vascular triage software VAOT

GuideAI Health Corp. has appointed Dr. James F. Benenati, a leading interventional radiologist, to its Advisory Board following FDA 510(k) clearance of its AI software, VascularAssist Occlusion Triage (VAOT). VAOT is designed to help radiologists pri...

Market News
Bullish
28 minutes ago
Diginex extends deadline to finalize funding for Resulticks acquisition to July 31, 2026

Diginex extends deadline to finalize funding for Resulticks acquisition to July 31, 2026

Diginex Limited has agreed with Resulticks to extend the deadline for their acquisition deal to July 31, 2026, after securing firm funding intent from private investors. The company does not plan to seek public funding and expects this to be the fina...

Company Fundamentals
Neutral
28 minutes ago
Rogers to become sole owner of Maple Leaf Sports & Entertainment for C$4.35B, boosting sports and fan experiences.

Rogers to become sole owner of Maple Leaf Sports & Entertainment for C$4.35B, boosting sports and fan experiences.

Rogers Communications has agreed to buy the remaining 25% stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports for C$4.35 billion, making Rogers the sole owner. This move aims to strengthen Rogers' position in Canadian sports and ente...

Company Fundamentals
Bullish
28 minutes ago
VERAXA Biotech advances cancer therapy pipeline focusing on BiTAC technology and seeks partnerships.

VERAXA Biotech advances cancer therapy pipeline focusing on BiTAC technology and seeks partnerships.

VERAXA Biotech updated on its progress in developing novel cancer therapies using its proprietary BiTAC platform, focusing on conditionally active T cell engagers and bispecific antibody-drug conjugates. The company plans to prioritize investment in ...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App