Skip navigation

Underwriters buy Sprouts shares

Sprouts Farmers Market on Monday said that underwriters of its recent stock offering have exercised rights to buy an additional 2.25 million shares of company stock at $33.75 per share.


Follow @SN_News for updates throughout the day.

The exercise of the underwriters' option brings the total number of shares of common stock sold in the offering to 17.25 million shares. The underwriters include a group of banks led by Goldman, Sachs & Co., Credit Suisse, BofA Merrill Lynch, Apollo Global Securities, Barclays, Deutsche Bank Securities, UBS Investment Bank, Guggenheim Securities and Wolfe Research Securities.

The shares were sold by Apollo Global Management, Spouts' majority owner. No proceeds of the offering went to the retailer.

Suggested Categories More from Supermarketnews


TAGS: News
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.