Oshkosh Secondary Spanks Shares Further (OSK)

Posted in after-hours 
August 5th, 2009

Oshkosh Corporation (NYSE: OSK) is using recent strength to unload shares of stock.  The company said it will sell 13,000,000 shares of common stock to repay a portion of the term loan borrowings under its credit agreement.  Shares closed down over 5% at $30.42 in regular trading and we show trading down another 5% at $28.82 after the report and the 52-week range is $3.85 to $32.63.  We have seen some 68,446 shares trade since the 4:00 PM Closing Bell. (4:26 PM EST)

-JON OGG

Comments are closed

-->