** Keurig Dr Pepper's KDP.O shares down 1.3% in extended trading to $33.59 after secondary offering unveiled
** Massachusetts-based beverage co says JAB Holding Co to offload 75 mln shares with JP Morgan as bookrunner
** Sale would reduce European investment firm JAB's stake from ~9.9% to 4.4%, or ~59 mln shares
** KDP has ~1.36 bln shares outstanding for ~$46.3 bln market cap
** In Feb, JAB slashed its stake in a secondary offering priced at $32.80, and three board members affiliated with JAB resigned from the beverage firm's board
** KDP's shares on Thurs closed down 1.6% at $34.04
** Last week, KDP reported Q1 results above consensus, aided by robust U.S. demand
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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