NYSE:STCInsurance
Stewart Information Services (STC): Assessing Valuation After $129 Million Equity Raise and New Shelf Registration
Stewart Information Services (STC) just raised about $129 million through a follow on equity offering and paired it with a fresh omnibus shelf registration, a classic move to boost financial flexibility while nudging dilution worries.
See our latest analysis for Stewart Information Services.
The follow on offering and new shelf come after a solid run, with the share price up year to date and a three year total shareholder return of 87.03 percent, suggesting underlying momentum is still intact...