Beacon announced the commencement of an underwritten secondary public offering of 5.22M shares of Beacon’s common stock by CD&R Boulder Holdings, an entity affiliated with Clayton, Dubilier & Rice. RBC Capital Markets is acting as the sole underwriter in the registered public offering of those shares.
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Read More on BECN:
- Beacon price target raised to $122 from $119 at Deutsche Bank
- Beacon price target lowered to $97 from $103 at JPMorgan
- Beacon Announces Appointment of Interim Chief Financial Officer
- Beacon sees FY23 diluted EPS (48c)-(42c) may not compare with consensus $7.38
- Beacon sees Q4 EPS $1.42-$1.48, consensus $1.64