Stock News Update: TTEC Holdings (NASDAQ:TTEC)

On Monday TTEC Holdings (NASDAQ:TTEC) traded with change of -2.66% on volume of 80008 shares in the last session as compared to average volume of 81746 shares. During last trade its minimum price was $44.68 and it gained highest price of $45.96. TTEC has total market capitalization of $2078433727. Its closing value stands at $44.71.

On Dec. 2, 2019, TTEC Holdings (NASDAQ:TTEC) declared the commencement of an underwritten secondary offering of 3,000,000 shares of TTEC’s common stock by a selling stockholder, Kenneth D. Tuchman, Chairman and CEO of TTEC. In connection with the offering, the selling stockholder intends to grant the underwriters an option, exercisable for thirty (30) days after the date of entry into the underwriting agreement related to the offering, to purchase up to 450,000 additional shares of common stock, at the public offering price, less underwriting discounts, from the selling stockholder. TTEC is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of shares in the offering.

BofA Securities and Morgan Stanley & Co. are acting as joint book running managers for the offering. Cowen and Company, LLC, Craig-Hallum Capital Group LLC and William Blair & Company, L.L.C. are also acting as book runners, with Northland Securities and HSBC Securities (USA) acting as co-managers.

About TTEC

TTEC Holdings (NASDAQ: TTEC) is a leading global customer experience technology and services company focused on the design, implementation and delivery of transformative customer experience for many of the world’s most iconic and disruptive brands. The Company delivers outcome-based customer engagement solutions through TTEC Digital, its digital consultancy that designs and builds human centric, tech-enabled, insight-driven customer experience solutions for clients and TTEC Engage, its delivery center of excellence, that operates customer acquisition, care, fraud prevention and detection, and content moderation services. Founded in 1982, the Company’s 48,500 employees operate on six continents across the globe and live by a set of customer-focused values that guide relationships with clients, their customers, and each other.

Cheyenne Cox is a news report covering multiple Market and economy News. She is creative and highly professional writer. Cheyenne holds a degree in communication and journalism and has also a Diploma in digital marketing. She belongs to south Africa who has also lived in Europe and is currently based in the US.

Leave a Reply

Your email address will not be published. Required fields are marked *