Lazard (LAZ) filed a registration statement Friday for the potential sale of an unspecified amount of various securities from time to time.
The filing covers common and preferred stock, warrants, stock purchase contracts, stock purchase units, guarantees and senior and subordinated debt securities.
Selling security holders to be named in a prospectus supplement may also sell securities from time to time, the company said.
Lazard said it plans to use the net proceeds for general corporate purposes, which may include additions to working capital, debt repayment, funding potential acquisitions and investments and stock repurchases. The company will not receive any proceeds from any sales of its securities by any selling security holder.
Shares of Lazard were down over 1% in recent trading.
Price: 44.42, Change: -0.51, Percent Change: -1.14
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