03:08 PM EST - Stella-Jones Inc. : Announced today that Stella Jones International S.A., the Company’s principal shareholder, has completed its previously announced secondary offering pursuant to which SJ International sold to a syndicate of underwriters, on a bought deal basis, 5,000,000 common shares of the Company at a price of $48.50 per common share. Following completion of the secondary offering, SJ International now owns approximately 31.1% of the issued and outstanding common shares of the Company. The Company did not receive any proceeds from the secondary offering. Stella-Jones Inc.
shares T.SJ are trading up $0.03 at $48.03.
