Aluminum Investing News » Alcoa declared to sell its shares at $5.25 each

Alcoa declared to sell its shares at $5.25 each

March 19, 2009 @ 6:40 am In Aluminum Company News

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.

For full story, click here ^[1]

Article printed from Aluminum Investing News: http://aluminuminvestingnews.com

URL to article: http://aluminuminvestingnews.com/216/alcoa-declared-to-sell-its-shares-at-525-each/

URLs in this post:

[1] here: http://money.cnn.com/news/newsfeeds/articles/djf500/200903181943DOWJONESDJONLINE001010_FORTUNE5.htm