SWX Equity offering

Southwest Gas Holdings Announces Closing of Secondary Public Offering of Centuri Holdings, Inc. Common Stock

Published August 11, 2025 at 08:05 PM

LAS VEGAS, Aug. 11, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") today announced the closing of its underwritten secondary public offering of Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri") common stock (the "Offering")....

Related Questions

What is the pricing of the secondary public offering and how does it compare to the recent market price of Centuri Holdings stock? How will the proceeds from the offering be used by Southwest Gas Holdings and will they affect the company's capital structure? What is the expected dilution impact on existing shareholders of Southwest Gas Holdings? Will the closing of the offering have any immediate effect on the liquidity and trading volume of Centuri Holdings shares? How does this secondary offering compare to similar transactions in the utility sector in terms of size and pricing? How might the market perception of Southwest Gas Holdings' growth strategy change after this offering? Are there any lock‑up or resale restrictions on the newly issued Centuri shares that could affect future supply? What is the anticipated impact on Southwest Gas Holdings' earnings per share and return on equity in the next reporting period? Could this transaction influence the valuation multiples of both Southwest Gas Holdings and Centuri Holdings relative to their peers? What are the potential implications for Southwest Gas Holdings' credit ratings and debt covenants?