secondary offeringnoun [ C ]
ukusFINANCE, STOCK MARKETalso secondary distribution an occasion when a company issues new shares, but not for the first time, or the number of shares involved
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IPO
public offering
an occasion when a shareholder sells a large number of a company's shares, or the number of shares involved:
The holding corporation announced yesterday that it had shelved plans to conduct a secondary offering of shares in TAM, Inc.