EPAM Systems Inc, Eastern Europe’s largest software development company, successfully completed its initial public offering of common stock at a price of USD 12 per share on Tuesday, Feb 7. The company sold a total of 6 million shares to raise USD 72 million, falling short of the targeted 7.4 million shares at a price range of between USD 16 and USD 18 apiece. The shares started trading on the NYSE under the symbol EPAM from Wednesday, Feb 8.
EPAM system lists on NYSE, raises USD 72 million
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