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StoneX Group Inc. (NASDAQ:SNEX), a $5.27 billion market cap financial services firm trading near its 52-week high of $102.17, filed a prospectus supplement Friday to its existing shelf registration statement, registering the potential resale of up to 3,085,554 shares of its common stock by certain selling stockholders. The company, which has delivered an impressive 54.72% return year-to-date according to InvestingPro, stated it will not receive any proceeds from the sale of these shares, which have a par value of $0.01 per share.
The prospectus supplement was filed under the company’s effective registration statement on Form S-3 (File No. 333-285071) with the Securities and Exchange Commission. The shares are being registered under the Securities Act of 1933, as amended.
StoneX Group included an opinion regarding the validity of the shares from Davis Polk & Wardwell LLP as an exhibit to the filing, along with the corresponding consent and an interactive data file.
The information in this article is based on a press release statement contained in the company’s SEC filing.
In other recent news, StoneX Group Inc. reported its third-quarter earnings for 2025, which showed a mixed performance. The company posted an earnings per share (EPS) of $1.22, which was below the forecasted $1.41, resulting in a 13.48% negative surprise. However, StoneX Group exceeded revenue expectations by reporting $1.024 billion, surpassing the anticipated $927.85 million by 9.93%. Additionally, StoneX Group’s board of directors has authorized a new stock repurchase program for fiscal year 2026. The program allows the company to repurchase up to 2.25 million shares of its outstanding common stock. The buyback plan will commence on October 1, 2025, and conclude on September 30, 2026. The timing and amount of any repurchases will be determined by senior management, subject to market conditions and compliance with applicable securities laws.
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