Hatteras Financial Corp. HTS today announced it commenced an underwritten public offering of 14,500,000 shares of its common stock pursuant to an effective registration statement filed with the Securities and Exchange Commission. T
he last sale price of the Company's common stock as reported on the New York Stock Exchange on March 16, 2011, was $29.52 per share. Hatteras will grant the underwriters a 30-day option to purchase up to an additional 2,175,000 shares of common stock to cover overallotments, if any.
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