Keurig Dr Pepper Announces Pricing of Public Offering of Common Stock
PR Newswire•12/11/2026•21:21 ET
3
Key Highlights
- ➤57,971,015 shares priced at $34.50 each in KDP public offering
- ➤KDP granted underwriters a 30-day option for 8,695,652 additional shares
- ➤KDP plans to repay or repurchase approximately $2.0 billion of debt
- ➤Offering proceeds support deleveraging ahead of early-2027 company separation
- ➤Offering expected to close November 16, 2026, subject to customary conditions
Keurig Dr Pepper Announces Pricing of Public Offering of Common Stock PR Newswire
FRISCO, Texas and BURLINGTON, Mass., Nov. 12, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) ("KDP" or the "Company") today announced the pricing of its previously announced underwritten public offering of 57,971,015 shares of its common stock, par value $0.01 per share (the "Offering"), at a price to the public of $34.50 per share. KDP's common stock is listed on the Nasdaq Global Select Market under the symbol "KDP."
Get started
Create a free account to read the full story.