Citizens announces second $300M stock offering in 3 months

CITIZENS FINANCIAL GROUP announced a $300 million stock offering Tuesday for the second time in three months. The company's downtown Providence headquarters is pictured above. / PBN FILE PHOTO NICOLE DOTZENROD
PROVIDENCE – Citizens Financial Group Inc., the holding company for Citizens Bank, announced a stock offering Tuesday valued at $300 million – the company's second offering of that size in three months. The Providence-based company said it intends to use net proceeds from the sale for “general corporate purposes,” but it was not more specific.…

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