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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

Morgan are joint bookrunning managers for the secondary offering.

From Reuters • Sep. 11, 2023

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