Independent Bank Group Inc. (IBTX) said Tuesday it has priced its initial public offering of 3.2 million shares of common stock at $26.00 apiece.
Shares are expected to begin trading April 3 on the NASDAQ Global Market under the ticker symbol "IBTX."
The underwriters have a 30-day option to purchase up to an additional 480,000 shares from the fompany at the initial public offering price less the underwriting discount.
Sandler O'Neill + Partners, L.P. is acting as book-running manager for the offering, while Evercore Partners and Keefe, Bruyette & Woods are joint book-runners.
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