|Bid||29.38 x 1200|
|Ask||29.35 x 1000|
|Day's Range||28.90 - 30.43|
|52 Week Range||25.07 - 39.14|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||5.69|
|Earnings Date||Apr 20, 2022 - Apr 25, 2022|
|Forward Dividend & Yield||0.60 (2.05%)|
|Ex-Dividend Date||May 12, 2022|
|1y Target Est||30.75|
A look at the shareholders of Hilltop Holdings Inc. ( NYSE:HTH ) can tell us which group is most powerful. Institutions...
Shares of Dallas-based bank Hilltop Holdings (NYSE: HTH) had shot up roughly 17.7% at 10:18 a.m. ET today after the company announced a modified Dutch auction tender offer to repurchase shares. In the offering, Hilltop plans to purchase up to $400 million of common stock at a price between $28 and $32 per share. If the offering is fully subscribed, Hilltop will repurchase between 12.5 million and 14.28 million shares, which equates to between roughly 15.7% and 18% of Hilltop's common stock.
DALLAS, May 02, 2022--Hilltop Holdings Inc. (NYSE: HTH) ("Hilltop" or the "Company") announced today that it has commenced a modified "Dutch auction" tender offer (the "Tender Offer") to purchase for cash up to $400 million of its common stock (the "Common Stock") at a price per share not less than $28.00 and not greater than $32.00, less any applicable withholding taxes and without interest, using available cash on hand. On April 29, 2022, the closing price of the Common Stock was $25.49 per sh