{"id":136,"date":"2024-06-15T16:04:36","date_gmt":"2024-06-15T13:04:36","guid":{"rendered":"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/"},"modified":"2024-06-17T13:16:16","modified_gmt":"2024-06-17T10:16:16","slug":"bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer","status":"publish","type":"post","link":"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/","title":{"rendered":"Bali Corporation Announces Preliminary Results of Dutch Auction Tender Offer"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/2IZTdrZZOqY\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Bally Corporation just concluded its adjusted &#8220;Dutch auction&#8221; tender bid, aiming to repurchase a portion of its own equity. It appears shareholders responded favorably to the proposition.  Although the definitive figures are pending, preliminary data suggests they will acquire approximately 4,858,465 shares at a cost of $22.00 per share. This equates to roughly $106,886,230 worth of stock, excluding any associated fees or expenditures related to the offer. This constitutes about 9.2% of the company&#8217;s issued shares.  Given the direct purchase from investors, anticipate no fresh shares introduced to the public market. The final count of the buyback will be available upon completion of all procedures with the custodian institution. <\/p>\n<p>Bali Corporation issued a notice to shareholders, reminding them of the company&#8217;s authority to repurchase its stock. These repurchases, conducted either publicly or privately as legally permitted, may occur with terms equal to, more favorable than, or less favorable than their recent tender offer, contingent upon market dynamics and specific negotiation outcomes.<\/p>\n<p>For this initiative and other shareholder return programs, the corporation has allocated $334.6 million.<\/p>\n<p>This announcement comes after Bali Corporation&#8217;s tender offer in June 2022, aiming to acquire 19% of its publicly held shares. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bally Corporation just concluded its adjusted &#8220;Dutch auction&#8221; tender bid, aiming to repurchase a portion of its own equity. It appears shareholders responded favorably to [&#8230;]<\/p>\n","protected":false},"author":71,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bally Corp Stock Soars After Successful Tender Offer<\/title>\n<meta name=\"description\" content=\"Investors cheered as Bally Corporation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bali Corporation Announces Preliminary Results of Dutch Auction Tender Offer\" \/>\n<meta property=\"og:description\" content=\"Investors cheered as Bally Corporation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Future of Casino Gaming | Licensed, Secure &amp; Exciting\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T13:04:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:16:16+00:00\" \/>\n<meta name=\"author\" content=\"Maya &quot;Mystic&quot; Norton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maya &quot;Mystic&quot; Norton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\",\"url\":\"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\",\"name\":\"Bally Corp Stock Soars After Successful Tender Offer\",\"isPartOf\":{\"@id\":\"https:\/\/juicyvegasnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-15T13:04:36+00:00\",\"dateModified\":\"2024-06-17T10:16:16+00:00\",\"author\":{\"@id\":\"https:\/\/juicyvegasnodepositbonus.icu\/#\/schema\/person\/5802148c420ea5bf831ea89ff8120148\"},\"description\":\"Investors cheered as Bally Corporation\",\"breadcrumb\":{\"@id\":\"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/15\/bali-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/juicyvegasnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bali Corporation Announces Preliminary Results of Dutch Auction Tender Offer\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/juicyvegasnodepositbonus.icu\/#website\",\"url\":\"https:\/\/juicyvegasnodepositbonus.icu\/\",\"name\":\"Discover the Future of Casino Gaming | Licensed, Secure &amp; Exciting\",\"description\":\"Indulge in the thrill of licensed online gambling with our up-to-date news, honest reviews, and expert articles. 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