Intel prices upsized USD 20 billion common stock offering at USD 95 a share - INTC News | RalliesIntel prices upsized USD 20 billion common stock offering at USD 95 a share
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INTC• Offering priced and upsized
- Intel priced an upsized registered follow-on common stock offering at USD 95 per share, increasing the deal to USD 20 billion from USD 15 billion.
- 210,526,315 shares are to be sold; underwriters have a 30-day option for up to 31,578,947 additional shares.
- Closing is expected Aug. 12, 2026, subject to customary conditions.
- Net proceeds are estimated at about USD 19.7 billion, excluding any exercise of the option.
- Proceeds are earmarked for general corporate purposes, including capital expenditures or working capital.
