Civitas Resources announced the commencement of an underwritten public offering of an aggregate of 6.96M shares of its common stock by an affiliate of Canada Pension Plan Investment Board. Civitas is not selling any shares of common stock in the offering and will not receive any proceeds from any sale of shares by the selling stockholder. BofA Securities is acting as sole underwriter for the Offering.
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Read More on CIVI:
- Civitas Resources price target raised to $98 from $90 at Mizuho
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- Civitas Resources announces share repurchase from Vitol
- CIVI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
