Why Keurig Dr Pepper Shares Are Sliding Tuesday
Keurig Dr Pepper Inc. (NASDAQ: KDP) shares are trading lower Tuesday after the company announced the pricing of a secondary offering. Here's what you need to know.
Keurig Dr Pepper Inc (KDP) Stock Trading Recap
On Friday, Keurig Dr Pepper Inc (KDP) stock saw a decline, ending the day at $34.58 which represents a decrease of $-0.36 or -1.03% from the prior close of $34.94. The stock opened at $35 and touched a low of $34.55 during the day, reaching a high of $35.17. The volume of shares traded was 9.16 million exceeding the average volume of 7.62 million.
Keurig Dr Pepper Announces Board Reshuffle and Appointment
Keurig Dr Pepper Inc. experienced a Board reshuffle as Lubomira Rochet resigned and Frank Engelen, a key figure from JAB Holding Company, was appointed as her replacement. Engelen, serving until the 2025 stockholders’ meeting,
Keurig Dr Pepper acquires energy drink Ghost for $990 million
On Thursday, Keurig Dr Pepper (KDP) announced plans to buy energy drink brand Ghost with an initial cash investment of $990 million in exchange for 60 percent ownership. KDP says it will purchase the remaining stake in 2028 at a valuation scale reflecting Ghost's 2027 financial performance.
Keurig Dr Pepper makes an energizing M&A move
Keurig Dr Pepper (NASDAQ:KDP) traded 5.4% lower on Thursday after missing revenue estimates with its Q3 earnings report. However, the company also announced an M&A play that has some analysts intrigued.
Keurig Dr Pepper announces 60M share offering of common stock for holders
Keurig Dr Pepper (KDP) announced that a subsidiary of JAB Holding Company will sell an aggregate of 60M shares of KDP common stock through a
Keurig Dr Pepper to buy Ghost
Keurig Dr Pepper is placing a billion-dollar bet on the $23 billion energy drink market. The beverage company, based in Burlington and Frisco, Texas, unveiled a deal on Thursday to buy the fast-growing Ghost energy drink business,
JAB seeks to raise ~$1.97B with Keurig Dr Pepper share sale
A subsidiary of JAB Holding is selling a block of Keurig Dr Pepper (NASDAQ:KDP) shares at a price to the public of $32.85 per share, in a bid to raise around $1.97B. On Monday, Keurig Dr Pepper (KDP) reported that a unit of JAB Holding planned to sell an aggregate of 60M shares through a secondary offering.
Keurig Dr Pepper 60M share Spot Secondary priced at $32.85
Morgan Stanley acted as sole book running manager for the offering. Published first on TheFly – the ultimate source for real-time,
Keurig Dr Pepper stock slips as top shareholder JAB sells 60 million shares
Shares in Keurig Dr Pepper Inc (NASDAQ:KDP) fell more than 3.7% in premarket trading Tuesday after the beverage company announced that its top shareholder JAB Holding will sell 60 million shares via a secondary public
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Keurig Dr Pepper to Add Energy Drink Business to Its Portfolio
The beverage giant will initially take a 60% ownership stake in GHOST Beverages in a $990 million transaction.
Keurig Dr Pepper (NASDAQ:KDP) Reports Sales Below Analyst Estimates In Q3 Earnings
Beverage company Keurig Dr Pepper (NASDAQ:KDP) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 2.3% year ...
Keurig Dr Pepper agrees to acquire energy-drink maker Ghost (update)
Adds deal confirmation and additional details Keurig Dr Pepper (NASDAQ:KDP) on Thursday announced a deal to acquire ...
Keurig Dr Pepper buying energy drink firm in over $1 billion deal
Keurig Dr Pepper announced an agreement to acquire Ghost, a lifestyle sports nutrition business with a portfolio anchored by ...
Keurig Dr Pepper (KDP) To Report Earnings Tomorrow: Here Is What To Expect
Beverage company Keurig Dr Pepper (NASDAQ:KDP) will be reporting results tomorrow morning. Here’s what to look for.