Alcoa declared to sell its shares at $5.25 each

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Thu, Mar 19, 2009
Aluminum Company News
Post by Mike Rodger, Aluminum Reporter

Alcoa Inc. announced that it will sell 150 million common shares at $5.25 each to raise $ 787.5 million to boost its liquidity. The price is a 4.2% discount from the Wednesday closing price of $5.48.

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