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Southwest Gas Prices Secondary Offering of Centuri Shares
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Southwest Gas Prices Secondary Offering of Centuri Shares
Aug 8, 2025 3:45 AM

06:20 AM EDT, 08/08/2025 (MT Newswires) -- Southwest Gas Holdings ( SWX ) said Thursday it priced a secondary public offering of 15 million Centuri ( CTRI ) shares at $19.50 each.

Underwriters have been granted a 30-day option to buy up to about 2.3 million additional shares.

The company said Icahn Partners and its affiliates will buy about 1.6 million Centuri ( CTRI ) shares in a private placement.

The offering is expected to close Aug. 11, subject to customary conditions.

Shares of Centuri ( CTRI ) fell more than 7% in recent Friday premarket activity.

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