Centuri announces offering of 27.36M shares of common stock for holders

Centuri Holdings (CTRI) announced that Southwest Gas Holdings (SWX) will sell an aggregate of 27.36M shares of Centuri’s common stock as selling stockholder through a proposed registered public offering. Centuri is not selling any shares of common stock in the proposed offering and will not receive any proceeds from the sale of the shares being offered by Southwest Gas. J.P. Morgan is acting as the underwriter for the proposed offering.