Streetbeat News

Equity Actions

FRES

Fresh2 Group plans to change the ratio of its American Depositary Shares (ADS) to its Class A ordinary shares from 1 ADS representing 20 Class A shares to 1 ADS representing 200 Class A shares, effective on or about July 10, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 9:16 pm

BIRK

Birkenstock Holding Plc (NYSE:BIRK) shares are down after the company announced a secondary public offering of up to 14 million ordinary shares. The selling shareholder will hold approximately 73.2% of the ordinary shares outstanding post-offering. The CEO stated that the offering aims to broaden the investor base and increase stock liquidity.

Portfolio Pulse from Erica Kollmann

June 24, 2024 | 9:00 pm

OMI

Owens & Minor has appointed Jonathan A. Leon as Interim CFO effective June 21, following the departure of Alexander J. Bruni as Executive VP & CFO.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:24 pm

BIRK

Birkenstock shares are trading lower after the company announced a filing for an offering of up to 14 million ordinary shares by the selling shareholder.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:24 pm

MSFT

OpenAI has revised its policies on secondary share sales, allowing both current and former employees to participate equally in its annual tender offers. This change comes amid OpenAI's rising valuation and a sluggish IPO market.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:23 pm

BIRK

Birkenstock has filed for a secondary offering of up to 14 million ordinary shares by a selling shareholder, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:22 pm

DAR

Darling Ingredients has approved a two-year extension and a $500 million refresh for its share repurchase program as of June 21.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:21 pm

CNS

Raja Dakkuri has been appointed as the new CFO of Cohen & Steers, succeeding Matthew Stadler, who will retire in 2024.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:18 pm

TRGP

Targa Resources announced that William A. Byers will join the company as CFO. Jennifer R. Kneale, the current CFO, will become President - Finance and Administration, continuing to report to CEO Matthew J. Meloy.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:16 pm

CITE

Nidar Infrastructure and Cartica Acquisition have entered a definitive deal and plan of merger for a business combination, with Nidar set to become a US-listed company. The pre-transaction equity value of Nidar is approximately $2.75 billion. Cartica is a SPAC focused on technology sector mergers.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:12 pm