Realogy IPO on for Thursday

Shares priced at high end of expectations

Real estate brokerage and franchise giant Realogy Corp., has priced its initial public offering of stock in the company today at $27 per share, clearing the way for public trading of company common stock on the New York Stock Exchange Thursday morning under the ticker "RLGY."

Realogy filed paperwork with securities regulators on Sept. 27 saying it expected to price the offering at $23 to $27 per share, and raise up to $1.24 billion before expenses. The offering priced at $27, Realogy announced today.