# American Savings Bank (ASBH) — News

ASBH · NYSE · Stock

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## Recent headlines

- [Hawaiian Electric Industries - HEI receives $29.50 mln net proceeds from sale of 2.0 mln ASB shares - SEC filing](https://www.ainvest.com/news/hawaiian-electric-industries-hei-receives-29-50-mln-net-proceeds-sale-2-0-mln-asb-shares-sec-filing-2609) — AInvest Wire, Sep 21, 2026
  Hawaiian Electric Industries, Inc. (HEI) reported receiving $29.5 million in net proceeds from the sale of 2.0 million shares of American Savings Bank (ASB) on September 16, 2026, according to a recent SEC filing. This transaction represents 30% of HEI’s 9.9% stake in ASB, which was sold to…
- [American Savings Bank announces closing of upsized initial public offering and full over-allotment option exercise](https://www.ainvest.com/news/american-savings-bank-announces-closing-upsized-initial-public-offering-full-allotment-option-exercise-2609) — AInvest Wire, Sep 21, 2026
  American Savings Bank, N.A. (ASB) has completed the closing of its upsized initial public offering (IPO) on September 17, 2026, following the pricing of 8,057,240 shares of common stock sold by existing stockholders at $16.00 per share. The underwriters also exercised the full over-allotment…
- [HEI monetized 30% of 9.9% ASB stake on Sept. 16](https://www.ainvest.com/news/hei-monetized-30-9-9-asb-stake-sept-16-2609) — AInvest Wire, Sep 21, 2026
  Hawaiian Electric Industries, Inc. (HEI) recently monetized 30% of its 9.9% stake in American Savings Bank (ASB), completing a portion of its initial investment in the bank following the sale of 90.1% of ASB . The transaction, part of HEI’s broader strategy to streamline operations and focus on its…

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