secondary offering Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “secondary offering” in the English Dictionary

"secondary offering" in Business English

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secondary offeringnoun [C]

uk   us   FINANCE, STOCK MARKET
(also secondary distribution) an occasion when a ​company issues new ​shares, but not for the first ​time, or the ​number of ​shares involved
an occasion when a ​shareholdersells a large ​number of a company's ​shares, or the ​number of ​shares involved: The ​holdingcorporation announced yesterday that it had ​shelvedplans to ​conduct a ​secondaryoffering of ​shares in TAM, Inc.
(Definition of secondary offering from the Cambridge Business English Dictionary © Cambridge University Press)
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“secondary offering” in Business English

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