Union Bank SRO shares list today
The shares from the Union Bank [UBP 34.00, down 3.7%; 43% avgVol] stock rights offering (SRO) [link] will be listed today. Of the ~327 million common shares for sale in the SRO, 319 million were sold in the 1st round of the SRO, and 8 million were sold in the 2nd round. No final round or “Underwriter’s Take-up” was required.