IHS Inc. (IHS) announced that an existing stockholder, Conscientia Investment Limited, has priced a secondary public offering of 8.70 million shares of IHS's Class A common stock at $100.00 per share, before deducting the underwriting discount.
The selling stockholder has also granted the underwriter a 30-day option to purchase up to an additional 1,304,347 shares. IHS said that it will not receive any of the proceeds from the sale of shares in the offering.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.