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

February 29, 2024

https://www.prnewswire.com/news-releases/keurig-dr-pepper-announces-sale-of-up-to-100-million-shares-of-common-stock-by-jab-and-repurchase-of-35-million-shares-by-kdp-302076469.html

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.

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