The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock Newsletter

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., May. 28, 7:57 PM

Slide #25. Performance Food Group Company Secondary Offering

Company: Performance Food Group Company (NYSE:PFGC)
Date announced: 5/16/2016
Shares Offered: 12,000,000
Date of Pricing: 5/18/2016
Price Per Share: $24.25
Secondary Offering Details: Performance Food Group Company ("PFG") (NYSE:PFGC) announced today the launch of a secondary public offering of its common stock. Certain stockholders of PFG (the "Selling Stockholders") are offering for sale to the public 12 million shares of PFG's common stock owned by them. The Selling Stockholders will grant to the underwriters of the secondary offering an option to purchase up to 1.8 million additional shares of common stock. PFG is not offering any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Stockholders. No assurances may be given that these transactions will be completed on the timeline, in the amount or on the terms presently contemplated or at all. -updated 5/18- Performance Food Group Company ("PFG") (NYSE:PFGC) today announced the pricing of an offering by certain selling stockholders. The selling stockholders are offering 12,000,000 shares of PFG's common stock at a price of $24.25 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares from the selling stockholders.

Performance Food Group markets and distributes over 150,000 national and company-branded food and food-related products to over 150,000 customer locations across the U.S. Co. serves both of the major customer types in the restaurant industry: (i) independent, or “Street” customers, and (ii) multi-unit, or “Chain” customers, which include regional and national family and casual dining restaurants chains, fast casual chains, and quick-service restaurants. Co. also serves schools, healthcare facilities, business and industry locations, and other institutional customers. Co. manages its business through three segments: Performance Foodservice, PFG Customized, and Vistar.

PFGC SEC Filing Email Alerts Service

Open the PFGC Page at The Online Investor »

Company Name:  Performance Food Group Co
Sector:  Grocery & Drug Stores
Number of ETFs Holding PFGC:  17
Total Market Value Held by ETFs:  $12.21M
Total Market Capitalization:  $2.58B
% of Market Cap. Held by ETFs:  0.47%

Open the PFGC Page at The Online Investor (in a new window) »

May 28, 2016    7:57 PM Eastern
Quotes delayed 20 minutes

Buy (3.20 out of 4)
54th percentile
(ranked higher than approx. 54% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2016, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.