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-0.00267062314540069 -0.00296735905044515 -0.00178041543026713 -0.00281899109792281 -0.00786350148367954 -0.00593471810089029 -0.00845697329376865 0.00400593471810083
Stock impact report

Dime Community Bancshares Announces Pricing of Common Stock Offering [Yahoo! Finance]

Dime Community Bancshares, Inc. (DCOM) 
Last dime community bancshares, inc. earnings: 4/28 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.dime.com
Company Research Source: Yahoo! Finance
Dime Community Bank, announced the pricing of a public offering of 3,906,250 shares of its common stock, $0.01 par value (the “Common Stock”), at a public offering price of $32.00 per share, for aggregate gross proceeds of $125 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 585,937 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The Company expects to close the offering, subject to customary conditions, on or about November 13, 2024. Dime expects to use the net proceeds from this offering for general corporate purposes to support its continued organic growth, which may include, among other things, working capital, investments in its bank subsidiary, and potential balance sheet optimization strategies. Raymond James & Associates, Inc. and Keefe, Bruyette & Woods, Inc., A Stifel Company are acting as joint book-running managers for the offering. Luse Gorman, PC is serv Show less Read more
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