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home / articles / GFS - GlobalFoundries Launches $950 Million Secondary Offering | Benzinga

GFS - GlobalFoundries Launches $950 Million Secondary Offering | Benzinga

GlobalFoundries Inc.

GlobalFoundries Inc. (NASDAQ:GFS) shares are trading lower after the bell Wednesday after the company announced the launch of a $950 million secondary offering.

The Details: GlobalFoundries announced a secondary public offering of $950 million of its ordinary shares and a concurrent $200 million share repurchase. All of the shares in the offering are from Mubadala Technology ...

Full story available on Benzinga.com
Stock Information
Company Name: GlobalFoundries Inc.
Stock Symbol: GFS
Market: NASDAQ
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