Orion S.A. (NYSE: OEC), a global specialty chemical company and leading carbon black producer, completed its Initial Public Offering on July 25, 2014. The company raised roughly $350 million, pricing its shares at $18 each.
IPO Details
- Ticker Symbol: OEC (New York Stock Exchange)
- IPO Date: July 25, 2014
- Shares Offered: 19.5 million common shares
- Initial Pricing: $18.00 per share
- Lead Underwriters: The primary selling shareholders were Kinove Luxembourg Holdings 1 S.à r.l. and affiliates of private equity firms Triton and Rhone Group.
Current Status
Orion S.A. continues to trade publicly on the NYSE as an active corporation. The stock is currently trading in the mid-single digits, having experienced historical highs near $32.61 in 2018 before fluctuating alongside broad manufacturing and automotive end-market demand.
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