Keurig Dr Pepper ( (KDP) ) has issued an update.
On February 28, 2025, Keurig Dr Pepper Inc. experienced significant changes in its board of directors as three members affiliated with JAB BevCo B.V. resigned, reducing the board size from eleven to eight. This coincided with the completion of a public secondary offering by the Selling Stockholder, resulting in gross proceeds of approximately $2.7 billion, although the company did not receive any proceeds from this sale.
More about Keurig Dr Pepper
Keurig Dr Pepper Inc. operates in the beverage industry, focusing on the production and distribution of coffee, soft drinks, and other beverages. The company is known for its wide range of products including coffee makers and various drink brands.
YTD Price Performance: 5.39%
Average Trading Volume: 10,446,640
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $45.6B
For a thorough assessment of KDP stock, go to TipRanks’ Stock Analysis page.