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Intel Share Sale Raises $23 Billion, Expanding Outstanding Shares by 4.8%
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Intel Share Sale Raises $23 Billion, Expanding Outstanding Shares by 4.8%
SANTA CLARA, California, August 16, 2026, 06:18 PDT — U.S. cash markets are shut for Sunday. Intel sold 242.1 million shares following the full exercise of underwriters' option. The $23.0 billion gross sale raised the pre-offering share total by roughly 4.8%. Shares finished Friday at $102.50, marking a 7.9% increase from the $95 offer price.…
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