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ENS Enersys

97.94
5.58 (6.04%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enersys NYSE:ENS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  5.58 6.04% 97.94 94.74 92.24 94.21 178,774 01:00:00

EnerSys Shareholders To Sell 2.85 Million Shares, Unload Stake

15/02/2011 12:34pm

Dow Jones News


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EnerSys Inc. (ENS) said affiliates of its largest shareholder, Metalmark Capital LLC, agreed to sell their entire stake of 2.85 million shares in the industrial battery maker to Goldman Sachs & Co. (GS) at market prices.

The sales, by Morgan Stanley Dean Witter Capital Partners IV LP and MSDW IV 892 Investors LP, represent 5.6% of the company, worth $107.6 million at Monday's closing price of $37.82.

The company's fiscal third-quarter profit came in higher than expected last week after it reported higher world-wide sales due to volume and pricing gains.

Shares were inactive premarket and are up 70% in the past year.

-By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

 
 

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