- Lennar ( NYSE: LEN ) on Thursday filed for a mixed shelf offering , size undisclosed.
- The offering can include class A and class B stock, preferred stock, depositary shares, debt securities, warrants and units.
- Net proceeds are expected to be used for general corporate purposes, which may include repaying indebtedness, working capital, and capital expenditures.
- Lennar ( LEN ) may invest proceeds in short-term marketable securities.
- The filing does not necessarily indicate that a sale has begun, or will occur in the future.
- Earlier, Lennar declared $0.375 quarterly dividend .
For further details see:
Lennar files automatic mixed shelf, size undisclosed