Birkenstock redeems $500M in shares, cancels 12.8M
Birkenstock Holding plc reported the closing of a secondary offering of 28,146,226 ordinary shares by a selling shareholder.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Birkenstock Holding plc reported the closing of a secondary offering of 28,146,226 ordinary shares by a selling shareholder. Of these, 15,384,613 shares (including 2,623,000 from a partially exercised over-allotment option) were sold to the public at $39.35 per share. The company also completed a Share Redemption, repurchasing 12,761,613 shares from the underwriter for an aggregate $499,999,997.34, with the redeemed shares to be cancelled and no longer outstanding. The transaction was conducted under an effective registration statement on Form F-3, supported by a base prospectus, a free writing prospectus, and a final prospectus supplement.
Positive
- Completed Share Redemption of 12,761,613 shares for $499,999,997.34, with all redeemed shares to be cancelled, directly reducing the number of ordinary shares outstanding.
Negative
- None.
Key Figures
Key Terms
secondary offering financial
registration statement on Form F-3 regulatory
prospectus supplement regulatory
Form S-8 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Birkenstock Holding plc (BIRK) announce regarding its August 2026 secondary offering?
Under which SEC registration statements was the Birkenstock (BIRK) transaction conducted and incorporated by reference?
AI-generated analysis. How Rhea-AI works. Not financial advice.