Twitter to list Thursday at $26 a share – company

Agence France-Presse
The company said it would offer 70 million shares at the listed price

PUBLIC COMPANY. Microblogging site Twitter seeks to raise over $1.6 billion in IPO. File photo by AFP/Fred Tanneau

NEW YORK, USA – Twitter will list at $26 a share on the New York Stock Exchange on Thursday, November 7, the microblogging service announced.

The company said it would offer 70 million shares at the listed price, amounting to $1.82 billion, but granted underwriters a 30-day option to purchase an additional 10.5 million shares of common stock, which would take the total value to around $2.1 billion. – Rappler.com

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