Keurig Dr Pepper Announces Sale of up to 100 million Shares of Common Stock by JAB and Repurchase of 35 million Shares by KDP

JAB to Remain Long-Term Anchor Shareholder BURLINGTON, Mass. and FRISCO, Texas, Feb. 29, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced that a subsidiary of JAB Holding Company s.a.r.l. ("JAB") will sell an aggregate of 86,956,522 shares through a secondary offering.  JAB has also granted an option to the underwriter to purchase up to an additional 13,043,478 shares for a period of 30 days following the date of this offering. KDP has indicated its intent to repurchase an aggregate ...

Keurig Dr Pepper Announces Sale of up to 100 million Shares of Common Stock by JAB and Repurchase of 35 million Shares by KDP - Reportify