Fortis Announces Exercise of Over-Allotment Option of 12,000,000 shares in Assurant

February 18, 2004 02:55 ET | Source: Ageas Ageas

Fortis today announced that the underwriters of the IPO of Assurant, Inc. have exercised in full their over-allotment option to purchase an additional 12,000,000 shares of common stock. This completes Assurant's initial public offering of common stock whereby a total of 92,000,000 shares are being sold at USD 22 per share, resulting in gross proceeds to Fortis of approximately USD 2 billion.

Recommended Reading

December 16, 2025 11:40 ET | Source: Ageas

Karolien Gielen succeeds Filip Coremans as Managing Director Asia and takes up the role of Managing Director Asia and Business Development

Karolien Gielen succeeds Filip Coremans as Managing Director Asia and takes up the role of Managing Director Asia and Business Development Ageas announces that Karolien Gielen, currently Managing...
Read More
December 09, 2025 12:15 ET | Source: Ageas

Ageas successfully places EUR 450 million restricted Tier 1 Notes

Ageas successfully places EUR 450 million restricted Tier 1 Notes Today ageas SA/NV successfully placed subordinated debt securities for an aggregate principal amount of EUR 450 million in the form...
Read More