09:34 AM EDT, 03/27/2026 (MT Newswires) -- Construction company Aecon Group ( AEGXF ) said Friday that it had raised near C$172.5 million after closing a shares offering.

The company issued 4,395,300 shares, including 573,300 shares pursuant to the exercise of the overallotment option granted to underwriters, for $39.25 per share.

Aecon ( AEGXF ) plans to use the proceeds to repay amounts drawn under its revolving credit facility, and for general corporate purposes.

Shares in Aecon ( AEGXF ) were at last look down $0.97 or 2.3% at $41.13

Price: 41.01, Change: -1.09, Percent Change: -2.59