Albemarle announces proposed public offering of depositary shares

Charlotte, n.c. , march 4, 2024 /prnewswire/ -- albemarle corporation (nyse: alb) ("albemarle" or the "company"), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced that, subject to market and other conditions, it has commenced an offering (the "offering") of $1.75 billion of depositary shares ("depositary shares"), each representing a 1/20th interest in a share of series a mandatory convertible preferred stock of the company ("preferred stock"), in an underwritten registered public offering.
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