secondary distribution

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Secondary Distribution

The sale of a security that has already been issued. Generally speaking, it refers to the sale of a security by a private investor (usually a corporation) to a member of the general public. It is also called a secondary offering. See also: Secondary market.

secondary distribution

The sale of a block of existing, not newly issued, securities with the proceeds going to the present holders rather than to the issuing firm. An especially large secondary distribution may put pressure on the security's price until the additional shares or bonds have been assimilated in the market. Also called secondary offering. Compare primary distribution. See also registered secondary distribution, special offering, spot secondary distribution.
References in periodicals archive ?
is commencing a subsequent offering period as of January 22, 2018, during which tenders of Ordinary Shares and ADSs (together, the "Company Shares") will be accepted.
OL) announced on Thursday that Garrett Soden, a primary insider and a member of the company's board of directors has been notified by his custodian on 6 April 2016 that he has been allocated 33,082 new shares under a subsequent offering.
20 October 2011 - Swiss biotechnology group Lonza (VTX:LONN) said today it had closed the subsequent offering period for the takeover of US biocidal products specialist Arch Chemicals (NYSE:ARJ).
M2 PHARMA-September 13, 2011-Pfizer extends subsequent offering period for Icagen acquisition(C)2011 M2 COMMUNICATIONS
TELECOMWORLDWIRE-June 10, 2011-Toshiba Medical Systems Corporation opens subsequent offering period in tender offer for Vital Images Inc(C)1994-2011 M2 COMMUNICATIONS http://www.
During the subsequent offering period, holders of shares who did not previously tender their shares into the Offer may do so and will promptly receive the same purchase price as paid pursuant to the Offer of $22.
Cypress also announced today that it would make available a subsequent offering period commencing immediately and expiring at 5:00 p.
today announced the expiration of the subsequent offering period of its previously announced tender offer to purchase all of the outstanding ordinary shares of AVG Technologies N.
M2 EQUITYBITES-July 8, 2015-NEL reports oversubscription under subsequent offering of shares
NORDIC BUSINESS REPORT-July 8, 2015-NEL reports oversubscription under subsequent offering of shares
8% of RC2's outstanding capital until the end of the initial and subsequent offering periods.
TELECOMWORLDWIRE-April 11, 2011-Verizon's announces expiry of subsequent offering period for shares of Terremark Worldwide(C)1994-2011 M2 COMMUNICATIONS http://www.