Fulton Financial Corp (FULT) has issued an announcement.
Fulton Financial Corporation successfully closed a public stock offering on May 1, 2024, selling over 19 million shares at $15 each, resulting in gross proceeds of approximately $287.5 million. The net proceeds, around $273.5 million, are earmarked for general corporate purposes and to support growth strategies following the acquisition of Republic First Bank assets. Investors should note these forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties.
Learn more about FULT stock on TipRanks’ Stock Analysis page.