On Tuesday, Servicemaster Global Holdings Inc (NYSE:SERV)’s shares declined -0.36% to $33.63.
Servicemaster Global Holdings Inc (SERV) declared the pricing of a secondary offering of 20,000,000 shares of its common stock by certain stockholders of the Company, counting investment funds sponsored by, or associated with, Clayton, Dubilier & Rice, LLC, at a public offering price of $34.00. In connection with the offering, the selling stockholders have granted the underwriters an option to purchase up to 3,000,000 additional shares of common stock. The Company will not receive any proceeds from the secondary offering. The secondary offering will be made only by means of a prospectus.
The offering is being made through an underwriting group led by J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC, who are acting as joint book-running managers and as representatives of the underwriters for the offering. Additional book-running managers are BofA Merrill Lynch, Jefferies LLC, Natixis Securities Americas LLC and RBC Capital Markets, LLC. Robert W. Baird & Co. Incorporated, Piper Jaffray & Co. and Samuel A. Ramirez & Company, Inc. are acting as co-managers for the offering.
ServiceMaster Global Holdings, Inc. provides residential and commercial services in the United States. It operates in three segments: Terminix, American Home Shield, and the Franchise Services Group.
Martin Marietta Materials, Inc. (NYSE:MLM)’s shares gained 1.58% to $149.38.
Anne H. Lloyd, Executive Vice President and Chief Financial Officer of Martin Marietta Materials, Inc. (MLM), declared that the Board of Directors has declared a regular quarterly cash dividend of $0.40 (forty cents) per share on the Corporation’s common stock. This dividend, which represents a cash dividend of $1.60 per share on an annualized basis, is payable June 30, 2015, to shareholders of record at the close of business on June 1, 2015.
Martin Marietta Materials, Inc., together with its auxiliaries, supplies aggregates products and heavy building materials for the construction industry in the United States and internationally.
At the end of Tuesday’s trade, Newell Rubbermaid Inc. (NYSE:NWL)‘s shares surged 0.03% to $39.62.
Newell Rubbermaid Inc. (NWL) declared the declaration of a quarterly cash dividend of $0.19 per share. The dividend is payable June 15, 2015 to common stockholders of record at the close of business on May 29, 2015.
Newell Rubbermaid Inc. manufactures and markets consumer and commercial products worldwide. It operates through five segments: Writing, Home Solutions, Tools, Commercial Products, and Baby & Parenting. The Writing segment offers writing instruments, such as markers and highlighters, pens, and pencils; art products; fine writing instruments; and labeling solutions under the Sharpie, Paper Mate, Expo, Parker, Waterman, and Dymo Office brand names.
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