Forestar Group Files $750 Million Mixed Shelf

MT Newswires Live09-24

Forestar Group (FOR) filed a shelf registration statement Monday covering the potential sale of up to $750 million of securities from time to time in one or more offerings.

The filing covers preferred stock, common stock. and warrants. The company plans to use the net proceeds from any sale of the securities for general corporate purposes, including working capital, land acquisition, finished lots and companies, and repaying or repurchasing existing debt.

The shelf also covers secondary sale of 15 million common shares offered by D.R. Horton, according to the company. Forestar will not receive any proceeds from the secondary sale.

Forestar shares were down 1.5% in after-hours activity.

Price: 32.85, Change: -0.50, Percent Change: -1.50

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2469176169?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-24 05:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2469176169","market":"nz","top_or_hot":-1,"title":"Forestar Group Files $750 Million Mixed Shelf","media":"MT Newswires Live","content":"<html><body><p> Forestar Group (FOR) filed a shelf registration statement Monday covering the potential sale of up to $750 million of securities from time to time in one or more offerings.</p><p>The filing covers preferred stock, common stock. and warrants. The company plans to use the net proceeds from any sale of the securities for general corporate purposes, including working capital, land acquisition, finished lots and companies, and repaying or repurchasing existing debt.</p><p>The shelf also covers secondary sale of 15 million common shares offered by D.R. Horton, according to the company. Forestar will not receive any proceeds from the secondary sale.</p><p>Forestar shares were down 1.5% in after-hours activity.</p><p>Price: 32.85, Change: -0.50, Percent Change: -1.50</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forestar Group Files $750 Million Mixed Shelf</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForestar Group Files $750 Million Mixed Shelf\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-24 05:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Forestar Group (FOR) filed a shelf registration statement Monday covering the potential sale of up to $750 million of securities from time to time in one or more offerings.The filing covers preferred ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FOR.AU","symbol_name":"FORAGER AUSTRALIAN SHARES FD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2469176169","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2469176169","pubTimestamp":1727127640,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Forestar Group  filed a shelf registration statement Monday covering the potential sale of up to $750 million of securities from time to time in one or more offerings.The filing covers preferred stock, common stock. and warrants. The company plans to use the net proceeds from any sale of the securities for general corporate purposes, including working capital, land acquisition, finished lots and companies, and repaying or repurchasing existing debt.The shelf also covers secondary sale of 15 million common shares offered by D.R. Horton, according to the company. Forestar will not receive any proceeds from the secondary sale.Forestar shares were down 1.5% in after-hours activity.Price: 32.85, Change: -0.50, Percent Change: -1.50","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FOR.AU":"FORAGER AUSTRALIAN SHARES FD","FOR":"福里斯特","BK4024":"房地产开发"},"translate_title":"Forestar Group申请价值7.5亿美元的混合货架","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FOR":1,"FOR.AU":1},"content_text":"Forestar Group (FOR) filed a shelf registration statement Monday covering the potential sale of up to $750 million of securities from time to time in one or more offerings.The filing covers preferred stock, common stock. and warrants. The company plans to use the net proceeds from any sale of the securities for general corporate purposes, including working capital, land acquisition, finished lots and companies, and repaying or repurchasing existing debt.The shelf also covers secondary sale of 15 million common shares offered by D.R. Horton, according to the company. Forestar will not receive any proceeds from the secondary sale.Forestar shares were down 1.5% in after-hours activity.Price: 32.85, Change: -0.50, Percent Change: -1.50","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2469176169"}