BIRKENSTOCK ANNOUNCES PRICING OF SECONDARY OFFERING AND CONCURRENT SHARE REPURCHASE

EQS
2025.05.29 04:00
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Birkenstock Holding plc has announced the pricing of a secondary public offering of 17,927,344 ordinary shares at $52.50 per share, sold by an affiliated entity, BK LC Lux MidCo. The offering includes a 30-day option for underwriters to purchase an additional 2,100,000 shares. Birkenstock will not receive proceeds from this sale. Concurrently, the company will repurchase 3,927,344 shares at the offering price, which will be cancelled post-redemption. The offering is expected to close on May 30, 2025, subject to customary conditions.