secondary offering

secondary offering
An IPO in which privately held shares in a corporation are sold to the public. Bloomberg Financial Dictionary
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A registered offering of a large block of a security that has been previously issued to the public. The blocks being offered may have been held by large investors or institutions, and proceeds of the sale go to those holders, not the issuing company. Also called secondary distribution. Exchange Handbook Glossary

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   Offering to the public of a large block of privately held shares, often by the institution that sponsored the overall deal into the market.

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secondary offering UK US noun [C] FINANCE, STOCK MARKET
(also secondary distribution) an occasion when a company issues new shares, but not for the first time, or the number of shares involved
Compare IPO(Cf. ↑IPO), PUBLIC OFFERING(Cf. ↑public offering)
an occasion when a shareholder sells a large number of a company's shares, or the number of shares involved: »

The holding corporation announced yesterday that it had shelved plans to conduct a secondary offering of shares in TAM, Inc.


Financial and business terms. 2012.

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Look at other dictionaries:

  • secondary offering — USA A public resale offering by stockholders or other securityholders of the company. In a secondary offering, the company does not receive any proceeds. A secondary offering can be completed by the securityholders filing their own registration… …   Law dictionary

  • Secondary Offering — 1. The issuance of new stock for public sale from a company that has already made its initial public offering (IPO). Usually, these kinds of public offerings are made by companies wishing to refinance, or raise capital for growth. Money raised… …   Investment dictionary

  • secondary offering — noun see secondary III * * * Stock Exchange. the sale of a large block of outstanding stock off the floor of an exchange, usually by a major stockholder. * * * secondary offering, the act of putting up for sale a large block of stock that has… …   Useful english dictionary

  • secondary offering — Stock Exchange. the sale of a large block of outstanding stock off the floor of an exchange, usually by a major stockholder. * * * …   Universalium

  • offering — of‧fer‧ing [ˈɒfrɪŋ ǁ ˈɒː , ˈɑː ] noun [countable usually singular] 1. a product or service sold by a company, or a number of these considered as a group: • Like most new high tech products when they first hit the market, itslatest offering (=… …   Financial and business terms

  • secondary — deleted sense 3 so little evidence old fashioned? sec‧ond‧a‧ry [ˈsekəndri ǁ deri] adjective 1. secondary shares/​bonds etc FINANCE shares, stocks etc in companies that are not considered to be the biggest or most important; = SECOND TIER: • The… …   Financial and business terms

  • Secondary Market Offering — A follow on offering (often called secondary public offering just secondary offering ) is an issuance of stock subsequent to the company s initial public offering. A follow on offering can be either of two types (or a mixture of both): dilutive… …   Wikipedia

  • secondary — In English practice, an officer of the courts of king s bench and common pleas; so called because he was second or next to the chief officer. In the king s bench he was called Master of the King s Bench Office, and was a deputy of the… …   Black's law dictionary

  • offering — An issue of securities offered for sale to the public or private group. Securities offerings are generally of two types: primary (proceeds going to the company for some lawful purpose) and secondary (where the funds go to a person other than the… …   Black's law dictionary

  • Secondary Public Offering — Eine Zweitplatzierung (englisch secondary market offering, secondary public offering oder einfach secondary offering) bezeichnet einen Vorgang, bei dem ein Aktionär oder auch mehrere Aktionäre (sogenannten Altaktionäre) eines börsennotierten… …   Deutsch Wikipedia

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