On Thursday Invitation Homes Inc. (NYSE:INVH) traded with change of -2.46% on volume of 30028375 shares in the last session as compared to average volume of 3383565 shares. During last trade its minimum price was $29.11 and it gained highest price of $30.12. INVH has total market capitalization of $15784627075. Its closing value stands at $29.32.
On Nov. 21, 2019, Invitation Homes Inc. (NYSE:INVH) notified the pricing of a secondary offering of 57,600,000 shares of Invitation Homes common stock by certain selling stockholders affiliated with Blackstone at $30.10 per share. The offering is expected to close on November 26, 2019, subject to customary closing conditions. Upon consummation of this offering and Blackstone’s related distribution of its remaining 300,452 shares in Invitation Homes to its partners, Blackstone will no longer beneficially own shares in Invitation Homes.
Invitation Homes is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of shares in this offering. In addition, none of Invitation Homes’ officers or directors are selling any shares of common stock beneficially owned by them in the offering.
About Invitation Homes
Invitation Homes is a leading owner and operator of single-family rental homes, offering residents high-quality homes across America. With over 80,000 homes for lease in 17 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools. The Company’s mission statement, Together with you, we make a house a home, reflects its commitment to high-touch service that continuously enhances residents’ living experiences and provides homes where individuals and families can thrive.
Nathan Green loves classical music and traveling in his spare time. He reports for Technology section. Nathan is a freelance journalist with more than 5 years’ experience of reporting on the global stock market industry. Since graduating with a finance degree from the University of York, Nathan has written for numerous business publications.
You can contact him at [email protected]
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