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Keurig Dr Pepper Announces Sale of up to 100 million Shares of Common Stock by JAB and Repurchase of 35 million Shares by KDP
KDPKeurig Dr Pepper(KDP) Prnewswire·2024-02-29 21:27

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 ...