Kraft Heinz Announces the Launch of a Secondary Offering of Common Stock

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Go back to Kraft Heinz Announces the Launch of a Secondary Offering of Common Stock

Kraft Heinz (KHC) Stock Falls 2% a Larger Holder 3G to Unload 30.6 Million Shares in Secondary Offering

November 17, 2021 5:47 PM EST

The Kraft Heinz Company (Nasdaq: KHC) shares fell 2% after-hours Wednesday after the announced it will offer 30,596,465 shares of its common stock in a secondary offering for a selling shareholder, where BofA Securities is acting as the sole underwriter.

The selling shareholder was... More