Dole Shares Drop After Secondary Offering Gets Priced

Dow Jones

Sep 04

By Dean Seal

Shares of Dole fell after the company said its underwritten secondary offering had been priced below Wednesday's closing price.

The stock was down 9.3% at $13.37 in early trading. Shares are now in negative territory year-to-date.

The agricultural company said overnight that it would offer 11.9 million shares to the public at $13.25 apiece. Shares closed Wednesday at $14.73.

The offering is expected to close on Friday.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

September 04, 2025 10:28 ET (14:28 GMT)

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Shares are now in negative territory year-to-date. \n</p>\n<p>\n  The agricultural company said overnight that it would offer 11.9 million shares to the public at $13.25 apiece. 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Shares are now in negative territory year-to-date. \n\n\n  The agricultural company said overnight that it would offer 11.9 million shares to the public at $13.25 apiece. Shares closed Wednesday at $14.73. \n\n\n  The offering is expected to close on Friday. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 04, 2025 10:28 ET (14:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}