Byline Bancorp, Inc. announced on June 10, 2025, the commencement of a secondary public offering of its common stock. The Estate of Daniel L. Goodwin and Equity Shares Investors, LLC, as selling stockholders, offered a total of 4,282,210 shares of the company's common stock to the public.
The offering was priced at $24.75 per share. Byline Bancorp itself was not offering or selling any shares in this transaction. However, the company announced a concurrent share repurchase, aiming to mitigate the impact of the selling stockholders' offering.
The secondary offering officially closed on June 12, 2025. This event represents a significant block of shares being made available to the public, which can influence market dynamics for the company's stock.
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