06:46 AM EDT, 03/19/2026 (MT Newswires) -- Guardian Pharmacy Services ( GRDN ) said Thursday it has priced an upsized underwritten public offering of 6 million class A shares at $31 per share.

The company said about 5 million shares will be sold by existing shareholders, while 1 million shares will be issued and sold by Guardian Pharmacy Services ( GRDN ) as part of a non-dilutive synthetic secondary transaction.

Underwriters have been granted a 30-day option to buy up to an additional 900,000 class A shares, the company said.

Guardian Pharmacy said it intends to use net proceeds to repurchase about 1 million shares from certain shareholders at a price equal to the offering price, less underwriting discounts.

The offering is expected to close on Friday, the company said.

Guardian Pharmacy shares fell 10% in Thursday premarket trading.

Price: 30.50, Change: -3.41, Percent Change: -10.06