Intuit Announces Pricing Of Secondary Offering Of 1,548,700 Shares Of Common Stock [TheStreet.com]
Intuit Inc. (INTU)
Last intuit inc. earnings: 2/24 04:01 pm
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Source: TheStreet.com
Intuit (the "Company") (Nasdaq: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, announced today the pricing of an underwritten secondary offering by certain entities affiliated with Dan Kurzius, co-founder of Mailchimp (the "Selling Stockholder") of 1,548,700 shares of the Company's common stock at a public offering price of $668.95 per share. The shares are expected to be delivered on or about December 1, 2021, subject to customary closing conditions. The 1,548,700 shares, which represent approximately 15.3% of the shares issued by the Company as partial consideration for the Company's acquisition of The Rocket Science Group LLC (d/b/a Mailchimp), are being sold in order to satisfy certain tax obligations and for estate planning purposes. The Selling Stockholder will receive all of the net proceeds from the offering. The Company is not selling any shares of common stock in the offering and will not receive any proceeds from th
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News
- Intuit Partners with The Farmlink Project to Address Climate Change By Tackling Food Waste and Methane Gas Emissions [Yahoo! Finance]Yahoo! Finance
- Intuit Partners with The Farmlink Project to Address Climate Change By Tackling Food Waste and Methane Gas EmissionsBusiness Wire
- Intuit Inc. (NASDAQ: INTU) had its price target raised by analysts at KeyCorp from $700.00 to $720.00. They now have an "overweight" rating on the stock.MarketBeat
- Persefoni releases free, self-guided software for Scope 3 supply chain management [Yahoo! Finance]Yahoo! Finance
- Intuit Inc. (NASDAQ: INTU) had its "outperform" rating re-affirmed by analysts at BMO Capital Markets. They now have a $700.00 price target on the stock.MarketBeat
INTU
Earnings
- 2/22/24 - Beat
INTU
Sec Filings
- 3/21/24 - Form 4
- 3/20/24 - Form 144
- 3/4/24 - Form 4
- INTU's page on the SEC website