Press Release
First Hawaiian, Inc. Announces Pricing of Secondary Common Stock Offering
In connection with the public offering, the Company has also agreed to repurchase from the selling stockholder a number of shares of common stock equal to approximately
Completion of the public offering and the direct share repurchase will reduce BNP Paribas’ beneficial ownership stake in the Company from approximately 48.8% to 33.3% (or 31.0%, if the underwriters’ option to purchase additional shares of the Company’s common stock is exercised in full).
The offering has been made only by means of a prospectus supplement and the accompanying prospectus. Copies of the final prospectus and the accompanying prospectus relating to this offering, when available, may be obtained from:
The Company has filed a registration statement (including a prospectus) with the
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. These statements are often, but not always, made through the use of words or phrases such as “may”, “might”, “should”, “could”, “predict”, “potential”, “believe”, “expect”, “continue”, “will”, “anticipate”, “seek”, “estimate”, “intend”, “plan”, “projection”, “would”, “annualized” and “outlook”, or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about our industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. For a discussion of some of the risks and important factors that could affect our future results and financial condition, see our
Investor Relations Contact: | Media Contact: |
Kevin Haseyama, CFA | Susan Kam |
(808) 525‑6268 | (808) 525‑6254 |
khaseyama@fhb.com | skam@fhb.com |
Source: First Hawaiian, Inc.