PlainsCapital Corp. (PCB) said it expects its initial public offering of 15 million shares to be priced at $14 to $16 per share. The company intends to use the offering proceeds to repay the funds it received from the U.S. Treasury.
The company said that its shares have been authorized for listing on the New York Stock Exchange under the ticker symbol "PCB."
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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.