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Gates Industrial Corporation plc - $GTES STOCK NEWS

Welcome to our dedicated page for Gates Industrial Corporation plc news (Ticker: $GTES), a resource for investors and traders seeking the latest updates and insights on Gates Industrial Corporation plc stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gates Industrial Corporation plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gates Industrial Corporation plc's position in the market.

Rhea-AI Summary
Gates Industrial Corporation to participate in Morgan Stanley's conference
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1.22%
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Gates Industrial Corporation to participate in RBC Capital Markets Global Industrials Conference
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0.24%
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Rhea-AI Summary
Gates Industrial Corporation plc (NYSE: GTES) announced the pricing of a secondary offering of 15,000,000 ordinary shares by certain selling stockholders affiliated with Blackstone Inc. at a public offering price of $11.75 per share. The underwriters have a 30-day option to purchase up to 2,250,000 additional ordinary shares. The offering is expected to close on August 14, 2023. Gates is not offering any ordinary shares in the Offering and will not receive any proceeds from the sale. Citigroup and Goldman Sachs & Co. LLC are the joint lead book-running managers of the Offering.
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-1.65%
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0.37%
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0.07%
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1.23%
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-1%
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Gates Industrial Corporation plc

NYSE:GTES

GTES Rankings

GTES Stock Data

4.66B
189.60M
0.58%
92.98%
2.99%
Mechanical Power Transmission Equipment Manufacturing
Manufacturing
Link
United States of America
DENVER

About GTES

gates is the world’s leading manufacturer of power transmission belts and a premier global manufacturer of fluid power products. our highly engineered products are critical components used in diverse industrial and automotive applications where the cost of failure is very high relative to the cost of our products. we provide a differentiated value proposition to our customers by offering a complete portfolio of premium product and service solutions for both replacement and first-fit applications across our targeted end markets, which encompass process and specialty, construction, agriculture, energy, transportation and automotive. we sell our products globally under the gates brand, which is recognized by distributors, original equipment manufacturers and installers as the premium brand for quality and technological innovation, a reputation which we have built for over a century since our founding in 1911. if it moves you, there’s a good chance gates has a part in it. gates. powering