Reynolds prices towards low end of range in 1st $1 bln-plus U.S. IPO of 2020 -source [Reuters]
Reynolds Consumer Products Inc. (REYN)
Company Research
Source: Reuters
Reynolds prices towards low end of range in 1st $1 bln-plus U.S. IPO of 2020 -source NEW YORK, Jan 30 (Reuters) - Reynolds Consumer Products on Thursday priced its initial public offering at $26 per share, according to a person familiar with the matter, towards the lower end of its target range. The IPO valued Reynolds at around $5.3 billion. The Lake Forest, Illinois-based company had aimed to sell 47.17 million shares at a target price range of $25-$28 per share. A representative for Reynolds did not immediately respond to a request for comment. (Reporting by Joshua Franklin in New York)
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- Reynolds Consumer Products Inc. (NASDAQ: REYN) had its price target lowered by analysts at Barclays PLC from $29.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Reynolds Consumer Products Inc. (REYN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
REYN
Earnings
- 10/30/24 - In-Line
REYN
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form 144
- 11/4/24 - Form 4
- REYN's page on the SEC website