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Stock impact report

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 Check Earnings Report
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 Show less Read more
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