|Bid||15.11 x 1300|
|Ask||0.00 x 800|
|Day's Range||15.86 - 16.74|
|52 Week Range||7.70 - 16.74|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||19.73|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.96|
Construction Partners, Inc. (ROAD) (“CPI” or the “Company”) today announced the pricing of an underwritten secondary offering of 5,000,000 shares of its Class A common stock by certain affiliates of SunTx Capital Management Corp. (the “selling stockholders”) at a public offering price of $14.25 per share. The underwriters will have a 30-day option to purchase up to an additional 750,000 shares of Class A common stock from the selling stockholders. The selling stockholders will receive all of the net proceeds from the offering.
Construction Partners, Inc. (ROAD) (“CPI” or the “Company”) today announced that certain affiliates of SunTx Capital Management Corp. (the “selling stockholders”) intend to offer 5,000,000 shares of the Company’s Class A common stock in an underwritten secondary offering. The selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock. The selling stockholders will receive all of the net proceeds from the offering.
DOTHAN, Ala., Sept. 12, 2019 -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the.
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