As the U.S. stock market experiences a robust week, fueled by significant advancements in artificial intelligence and cloud computing from leading tech giants, investors are keenly observing the market's resilience amidst fluctuating economic indicators. In this climate, growth companies with high insider ownership stand out as particularly intriguing, suggesting a strong alignment of interests between company executives and shareholders.
ALEXANDRIA, Va., May 15, 2024--VSE Corporation ("VSE" or the "Company") (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that it has priced its previously announced underwritten public offering of 2,112,676 shares of its common stock at a price to the public of $71.00 per share. VSE has also granted the underwriters a 30-day option to purchase up to an additional 316,901 shares of common stock. The offering is expected to close on May 17, 2024,
ALEXANDRIA, Va., May 14, 2024--VSE Corporation ("VSE" or the "Company") (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that it has commenced an underwritten public offering, subject to market and other conditions, of shares of its common stock pursuant to an effective shelf registration statement. In addition, VSE intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the