Levi Strauss prices IPO at $17 a share

Levi Strauss priced its initial public offering at $17 per share, the company announced late Wednesday.

That number comes in higher than the expected range, valuing the iconic denim company at about $6.6 billion and bringing its total raise to about $623 million. The company will sell about 36.7 million Class A shares.

The stock is expected to begin trading Thursday on the New York Stock Exchange under the symbol "LEVI."

Earlier Wednesday, CNBC reported that the IPO was more than 10 times oversubscribed.

This story is developing. Please check back for updates.

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