05:41 PM EST, 11/10/2025 (MT Newswires) -- Rollins (ROL) said late Monday it launched a secondary public offering of $1 billion of common shares by two existing stockholders, LOR and Rollins Holding.

The company said the underwriter underwriter will have a 30-day overallotment option to buy up to an additional $150 million of common shares from the selling stockholders.

Rollins will not receive any proceeds from the offering, according to a statement.

The company plans to repurchase about $200 million of common shares offered, subject to the closing of the sale, according to the company.