Darden Restaurants Announces Pricing of 7,826,087 Shares of its Common Stock
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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US:NYSE Investor Relations:
investor.darden.com/investors/investor-relations/default.aspx
Company Research
Source: PR Newswire
ORLANDO, Fla., April 20, 2020 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today announced that it has priced its public offering of 7,826,087 shares of its common stock, without par value, at a public offering price of $58.50 per share. In addition, Darden has granted the underwriters an option to purchase up to an additional 1,173,913 shares of its common stock at the public offering price. Darden intends to use the net proceeds from the offering for general corporate purposes. The offering is expected to close on April 23, 2020.This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any security and shall not constitute any offer, solicitation or sale in any jurisdiction in which such offer, solicitation, purchase or sale is unlawful. The offering was made pursuant to a shelf registration statement filed with the Securities Exchange Commission, which became automatically effective upon filing, by means of a prospectus and related
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News
- What to expect from Darden Restaurants in 2025 [Seeking Alpha]Seeking Alpha
- Darden Restaurants, Inc. (NYSE: DRI) had its price target raised by analysts at Morgan Stanley from $193.00 to $209.00. They now have an "overweight" rating on the stock.MarketBeat
- Darden Restaurants, Inc. (NYSE: DRI) had its price target raised by analysts at BMO Capital Markets from $165.00 to $175.00. They now have a "market perform" rating on the stock.MarketBeat
- Darden Restaurants, Inc. (NYSE: DRI) had its price target raised by analysts at Bank of America Co. from $195.00 to $211.00. They now have a "buy" rating on the stock.MarketBeat
- Darden Restaurants, Inc. (NYSE: DRI) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $200.00 price target on the stock, up previously from $182.00.MarketBeat
DRI
Earnings
- 12/19/24 - Miss
DRI
Sec Filings
- 12/26/24 - Form 144
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- DRI's page on the SEC website