Veeco Instruments Inc. (VECO) announced that it has commenced public offering of up to 5 million shares of its common stock. The company said it intends to use the proceeds for general corporate purposes, including potential acquisitions.
Veeco said this offering includes a 30-day option for the underwriters to purchase up to 750 thousand additional shares to cover overallotments, if any. Citi and J.P. Morgan are serving as joint book-running managers, with Canaccord Adams Inc. and Piper Jaffray & Co. acting as co-managers for 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.