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Carriage Services terminated its Equity Distribution Agreement for an at-the-market offering of up to $100 million with Oppenheimer & Co. and Raymond James & Associates. The early termination carries no penalties, and the company had not sold any shares under the program.
Carriage Services Inc. announced a new capital allocation framework and terminated its $100 million at-the-market equity program.
Carriage Services announced a new capital allocation framework prioritizing long-term value per share, financial strength, disciplined growth, and proactive capital structure management. The company also terminated its $100 million at-the-market equity program.
Carriage Services said it has adopted a capital allocation framework and terminated its $100 million at-the-market equity program.