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ADT Prices 102M Common Stock Offering On Behalf Of Selling Stockholders
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ADT Inc. (NYSE:ADT) ("ADT" or the "Company") today announced the pricing of the previously announced secondary public offering of 102,000,366 shares of the Company's common stock. All of the shares in the offering are being sold by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders") and represent all the remaining shares owned by the Selling Stockholders. The offering is expected to close on May 5, 2026, subject to satisfaction of customary conditions. The Company is not selling any shares and will not receive any proceeds from the offering.

In addition, ADT has agreed to purchase from the underwriters 29,142,961 shares of common stock as part of the secondary public offering at a price per share equal to the price per share to be paid by the underwriters to the Selling Stockholders (the "Share Repurchase"), subject to the completion of the offering. The Share Repurchase will be made pursuant to the Company's existing $1.5 billion share repurchase plan. The underwriters will not receive any underwriting fees for the shares being repurchased by the Company.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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