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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Mon., Jul. 25, 10:07 AM

Slide #7. Urstadt Biddle Properties Inc. Secondary Offering

Company: Urstadt Biddle Properties Inc. (NYSE:UBA)
Date announced: 7/20/2016
Shares Offered: 2,750,000
Date of Pricing: 7/21/2016
Price Per Share: $23.70
Secondary Offering Details: Urstadt Biddle Properties Inc. (the "Company") (NYSE:UBA), a self-administered equity real estate investment trust, announced today that it is offering 2,750,000 shares of its Class A common stock in a public offering. In connection with the offering, the Company intends to grant the underwriter an option for 30 days to purchase an additional 412,500 shares of its Class A common stock. -updated 7/21- Urstadt Biddle Properties Inc. (the "Company") (NYSE:UBA) today announced the pricing of its underwritten offering of 2,750,000 shares of its Class A common stock at a price to the public of $23.70 per share. The Company has granted the underwriter an option for 30 days to purchase up to an additional 412,500 shares of its Class A common stock. The offering was made pursuant to the Company's shelf registration statement and settlement is expected to occur on or about July 26, 2016. Deutsche Bank Securities Inc. is acting as sole book-running manager for the offering.

Urstadt Biddle Properties is a real estate investment trust engaged in the acquisition, ownership and management of commercial real estate. Co.'s sole business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on properties in the metropolitan New York tri-state area outside of the City of New York. At Oct. 31, 2015, Co. owned or had equity interests in 74 properties comprised of neighborhood and community shopping centers, office buildings, single tenant retail or restaurant properties and office/retail mixed use properties located in four states throughout the U.S.

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Company Name:  Urstadt Biddle Properties Inc
Stock buyback:  UBA buyback
Sector:  REITs
Number of ETFs Holding UBA:  41
Total Market Value Held by ETFs:  $49.28M
Total Market Capitalization:  $652.00M
% of Market Cap. Held by ETFs:  7.56%

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July 25, 2016    10:07 AM Eastern
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