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secondary offering

American  

noun

Stock Exchange.
  1. the sale of a large block of outstanding stock off the floor of an exchange, usually by a major stockholder.


Example Sentences

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Sandisk announced a $3.09 billion secondary offering of its shares.

From Barron's Feb. 18, 2026

Coller, for example, in July raised $6.8 billion for its latest private-credit secondary offering, more than four times the $1.4 billion it amassed for its previous private-credit secondary fundraise in 2022.

From The Wall Street Journal Oct. 8, 2025

Despite the caution around IPOs, energy and power companies had the greatest share of issuance in the first nine months of 2022, with C$3 billion worth of secondary offering according to data from Refinitv.

From Reuters Oct. 13, 2022

Entities affiliated with Mailchimp co-founder Dan Kurzius priced a secondary offering of shares of the TurboTax maker below their previous closing price.

From Seattle Times Nov. 30, 2021

The billionaire is selling stock in the Columbus, Ohio-based retailer through a secondary offering managed by JPMorgan Chase, according to a regulatory filing Thursday.

From Washington Post Jul. 15, 2021

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