<div id="readability-page-1">07:26 AM EDT, 05/15/2026 (MT Newswires) -- Babcock &amp; Wilcox Enterprises ( BW ) said Friday it priced a public offering of about 10.8 million common shares at $18.50 per share, for expected gross proceeds of about $200 million.Underwriters have been granted a 30-day option to purchase up to an additional 15% of the offered shares.Proceeds from the offering, expected to close Monday, will be used to pay down debt, fund equipment production and support growth plans, such as AI data center projects and potential acquisitions.Shares of Babcock fell more than 9% in recent premarket activity Friday.Price: 19.22, Change: -1.97, Percent Change: -9.28 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

Babcock & Wilcox Enterprises has priced a public offering of approximately 10.8 million common shares at $18.50 each, aiming for gross proceeds of about $200 million. The funds will be used to reduce debt, support equipment production, and facilitate growth initiatives, including AI data center projects. Shares fell over 9% in premarket trading.

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Babcock & Wilcox Prices $200 Million Common Stock Offering