BUZZ-Dole sags after launching secondary offering

Reuters

09/04

** Shares of fresh fruits and vegetables producer Dole plc DOLE.N down 6.2% to $13.82 in extended trading after secondary offering news

** Dublin, Ireland-based firm commences offering of ~11.9 mln shares to be offloaded by Castle & Cooke Holdings and The Murdock Group

** Castle & Cooke and Murdock would no longer own a stake in DOLE post offering, per the SEC filing

** Co has ~95.1 mln shares outstanding for $1.4 bln market cap

** Goldman Sachs is sole bookrunner for the offering

** DOLE shares on Weds closed up 0.7% at $14.73, up about 9% YTD

** 3 analysts rate DOLE "buy" and 1 rates "sell"; median PT is $18.50, LSEG data reflects

(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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The views expressed are his own)</p><p>((lance.tupper@tr.com 1-646-279-6380))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2750360997.AUD","symbol_name":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250903:nL6N3UQ0ZX:1","article_id":"2564314494","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564314494","pubTimestamp":1756934117,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Dole sags after launching secondary offering** Shares of fresh fruits and vegetables producer Dole plc DOLE.N down 6.2% to $13.82 in extended trading after secondary offering news** Dublin, Ireland-based firm commences offering of ~11.9 mln shares to be offloaded by Castle & Cooke Holdings and The Murdock Group** Castle & Cooke and Murdock would no longer own a stake in DOLE post offering, per the SEC filing** Co has ~95.1 mln shares outstanding for $1.4 bln market cap** Goldman Sachs is sole bookrunner for the offering** DOLE shares on Weds closed up 0.7% at $14.73, up about 9% YTD** 3 analysts rate DOLE \"buy\" and 1 rates \"sell\"; 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