American Savings Bank prices IPO at $16 per share on NYSE

AI-generated NewsSnap summary based on source reporting.
Published: 2026-09-16
Category: business
Source: Investing.com

American Savings Bank has priced its initial public offering (IPO) at $16 per share. The shares are expected to begin trading on the New York Stock Exchange (NYSE) on September 16, 2026, under the ticker symbol ASBH. The selling stockholders also granted underwriters a 30-day option to purchase up to an additional 1,208,586 shares to cover over-allotments.

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