Cousins Properties Announces Public Offering of 9,500,000 Shares of Common Stock
Cousins Properties Incorporated (CUZ)
Last cousins properties incorporated earnings: 4/30 05:07 pm
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US:NYSE Investor Relations:
investors.cousinsproperties.com
Company Research
Source: PR Newswire
ATLANTA, Dec. 10, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has commenced an underwritten public offering of 9,500,000 shares of its common stock.The Company intends to use the net proceeds of the offering to fund a portion of the purchase price of an office property in Downtown Austin. If this acquisition is not consummated, the net proceeds will be used for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt.J.P. Morgan will serve as the sole book-running manager for the offering.This offering will be made pursuant to a prospectus supplement to the Company's prospectus dated May 8, 2024, filed as part of the Company's effective shelf registration statement relating to the shares. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the shares described herein or any other securities
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CUZ
News
- Is it Wise to Retain Cousins Properties Stock in Your Portfolio Now? [Yahoo! Finance]Yahoo! Finance
- Cousins Properties declares $0.32 dividend [Seeking Alpha]Seeking Alpha
- Cousins Properties Announces Its Fourth Quarter 2024 Common Stock DividendPR Newswire
- Cousins Properties Incorporated (NYSE: CUZ) had its price target raised by analysts at Truist Financial Co. from $30.00 to $33.00. They now have a "buy" rating on the stock.MarketBeat
- Cousins Properties Closes Sail Tower Acquisition in Austin [Yahoo! Finance]Yahoo! Finance
CUZ
Earnings
- 10/24/24 - In-Line
CUZ
Sec Filings
- 12/17/24 - Form 8-K
- 12/12/24 - Form 424B5
- 12/12/24 - Form 8-K
- CUZ's page on the SEC website