Welcome to our dedicated page for Molson Coors Beverage news (Ticker: TAP), a resource for investors and traders seeking the latest updates and insights on Molson Coors Beverage stock.
Molson Coors Beverage Company (TAP) delivers a dynamic portfolio of premium beverages across global markets. This page aggregates official press releases, financial updates, and strategic announcements from one of the world’s most established brewers.
Investors and industry professionals will find curated updates on earnings reports, product innovations, sustainability initiatives, and market expansions. Our repository ensures efficient access to material developments affecting TAP’s position in the beverage sector.
Content spans regulatory filings, leadership changes, brand partnerships, and operational milestones. Each update is organized to provide clarity on how Molson Coors navigates evolving consumer preferences and competitive landscapes.
Bookmark this page for streamlined tracking of TAP’s corporate trajectory. Combine these verified updates with broader market analysis to inform your perspective on the company’s performance.
Molson Coors Beverage Company (NYSE: TAP) announced the pricing of its public offering of €800 million of 3.800% Senior Notes due 2032. The offering is expected to close on May 29, 2024, subject to customary conditions. Net proceeds are estimated at €793.5 million after underwriting discounts and expenses. The funds will be used for general corporate purposes, including repaying €800 million in notes maturing in July 2024. Joint book-running managers include Citigroup, BofA Securities, Goldman Sachs, among others. The offering is made under an effective SEC shelf registration statement.
Molson Coors Beverage Company (NYSE: TAP) has announced an underwritten public offering of euro-denominated senior notes, expected to close around May 29, 2024. The proceeds will be used for general corporate purposes, including repaying EUR 800 million notes maturing in July 2024. Citigroup Global Markets , BofA Securities, Goldman Sachs & Co. , Bank of Montreal, J.P. Morgan Securities, RBC Europe , and Scotiabank are joint book-running managers for the offering. The offering is under an effective shelf registration statement filed with the SEC.
Molson Coors Beverage Company (NYSE: TAP, TAP.A) has announced a regular quarterly dividend of US$0.44 per share for its Class A and Class B common stock, payable on June 21, 2024, to shareholders of record on June 7, 2024. Molson Coors Canada (TSX: TPX.B, TPX.A) has also declared a quarterly dividend of approximately CDN$0.59, also payable on June 21, 2024, to its Class A and Class B exchangeable shareholders of record on June 7, 2024. These dividends are eligible for Canadian tax purposes. The company, with a history spanning over two centuries, offers a diverse portfolio of beverages including core beer brands like Coors Light and Miller Lite, premium brands such as Blue Moon, and non-alcoholic options. Molson Coors operates in the Americas, EMEA & APAC regions, and is committed to sustainability and community impact through its Imprint strategy.
Molson Coors Beverage Company reported strong first-quarter results in 2024, with a 10.7% increase in net sales and significant growth in income before income taxes. The company reaffirmed its guidance for top-line and bottom-line growth for the full year. The positive performance was driven by double-digit brand volume growth for core brands in the U.S. and successful innovation in the above premium portfolio. However, the industry's softness in the U.S. and Canada remains a challenge for the company.
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