Forgent Power Shares Jump with Upsized Offering

Dow Jones

05/30

By Dean Seal

Shares of Forgent Power Solutions climbed after the company said its stock offering had been upsized.

The stock rose 8.3% to $51.52 Friday. Shares are at their highest level since they started trading in February.

The maker of electrical equipment used in data centers said it would sell 28.5 million shares offered by its parent entities and another 13.7 million shares offered by Forgent itself, all at $47 apiece.

The offering is expected to close Monday.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

May 29, 2026 12:16 ET (16:16 GMT)

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Shares are at their highest level since they started trading in February. \n\n\n  The maker of electrical equipment used in data centers said it would sell 28.5 million shares offered by its parent entities and another 13.7 million shares offered by Forgent itself, all at $47 apiece. \n\n\n  The offering is expected to close Monday. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 29, 2026 12:16 ET (16:16 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}