Atlantic Union Bankshares Corp. (AUB), a bank holding company, said on Monday that it has priced an underwritten public offering of 9.859 million shares at $35.50 per share for an offering sum of $350 million.
Net proceeds from the offering, to be closed on October 22, will be around $336 million.
The underwriters have been granted an option to purchase up to an additional 1.478 million shares.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.