Leslie's, Inc. (LESL) Announces 12.5M Share Secondary Offering; 7.5M Concurrent Share Buyback

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Go back to Leslie's, Inc. (LESL) Announces 12.5M Share Secondary Offering; 7.5M Concurrent Share Buyback

Leslie’s, Inc. Announces Secondary Offering of Shares and Concurrent Stock Repurchase

December 14, 2021 4:52 PM EST

PHOENIX, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Leslies, Inc. (the Company or Leslies) (Nasdaq: LESL) today announced that certain of the Companys non-management stockholders (the Selling Stockholders) intend to offer for sale in an underwritten secondary offering 12,500,000 shares of the Companys common stock (the Offering). The Selling Stockholders will also grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. The Selling Stockholders will receive all of the proceeds from the Offering. Leslies is not offering any shares of its common stock in the Offering and will not... More