American Capital Agency Corp. (AGNC) announced that it has priced a public offering of 32 million shares of its common stock for total estimated gross proceeds of about $1.09 billion.
In connection with the offering, the company has granted the underwriters an option for 30 days to purchase up to an additional 4.80 million shares of common stock. The offering is subject to customary closing conditions and is expected to close on July 23, 2012.
The company said it expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes.
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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.