Watsco clarifies it issued 338,176 shares in Granite Group acquisition
WSO•Watsco said it issued 338,176 common shares when its Granite Group Holdings acquisition closed on October 9, 2026. The $505 million purchase price comprises 80% cash and 20% common stock, subject to a customary post-closing adjustment.
1. Share count clarified
Watsco clarified that it issued 338,176 common shares at the October 9, 2026, closing of its Granite Group Holdings acquisition. An October 14 amendment replaces the previously estimated share count; all other disclosures remain unchanged. The $505 million purchase price comprises 80% cash and 20% common stock, subject to a customary post-closing adjustment.
