Equitable Holdings, Inc. announced on March 12, 2025, a cash tender offer to purchase any and all of its outstanding Series B Depositary Shares. This tender offer is part of the company's ongoing capital management strategy.
The offer provides holders of Series B Depositary Shares an opportunity to tender their shares. This action aims to optimize Equitable Holdings' capital structure and potentially reduce its cost of capital.
The tender offer reflects Equitable's proactive approach to managing its financial liabilities and enhancing shareholder value. This move is consistent with the company's broader efforts to maintain a robust balance sheet and financial flexibility.
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