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Dole Announces Secondary Offering Of 11.9M Shares By Murdock-Affiliated Shareholders; Company To Receive No Proceeds

Author: Benzinga Newsdesk | September 03, 2025 03:32pm

Dole plc (NYSE:DOLE) (the "Company"), a global leader in fresh produce, announced today the commencement of an underwritten secondary offering of an aggregate of 11,917,263 of the Company's ordinary shares, par value $0.01 per share (the "Ordinary Shares"), by Castle & Cooke Holdings, Inc. and The Murdock Group, LLC (the "Selling Shareholders"). The Company is not selling any Ordinary Shares in the offering, and the Company will not receive any proceeds from the offering by the Selling Shareholders. The Selling Shareholders will agree to sell to the underwriter Ordinary Shares at a price per share equal to the public offering price of the Ordinary Shares in the offering less underwriting discounts and commissions, and subject to certain adjustments. The Ordinary Shares are listed on the New York Stock Exchange under the ticker symbol "DOLE."

Goldman Sachs & Co. LLC is acting as the underwriter and sole book-running manager for the offering.

Posted In: DOLE

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