10:31 AM EDT, 10/24/2024 (MT Newswires) -- Marex Group ( MRX ) priced an offering of nearly 8.5 million shares by selling shareholders on Thursday at $24 apiece.

The shareholders also granted underwriters a 30-day option to purchase up to an additional 1.3 million shares, according to the company.

Marex ( MRX ) said it will not receive any proceeds from the sale and that the offering is expected to close on Friday.

Price: 24.97, Change: +0.27, Percent Change: +1.09