|Bid||11.25 x 900|
|Ask||11.26 x 21500|
|Day's range||11.22 - 11.27|
|52-week range||5.91 - 17.58|
|Beta (3Y monthly)||1.54|
|PE ratio (TTM)||N/A|
|Earnings date||7 May 2019 - 13 May 2019|
|Forward dividend & yield||0.50 (4.35%)|
|1y target est||11.21|
Coty Inc. (the “Company” or “Coty”) (COTY) notes the extension of the tender offer (the “Offer”) by Cottage Holdco B.V. (“Offeror”), an affiliate of JAB Holding Company S.à r.l. The Company has been informed by Offeror that the expiration date of the Offer has been further extended by Offeror from 5:00 P.M., New York City Time, on April 18, 2019 to 5:00 P.M., New York City Time, on April 24, 2019, subject to the further extension or earlier termination of the Offer by Offeror. Offeror has also indicated that, as of 5:00 p.m., New York City Time, on April 18, 2019, the last business day prior to the announcement of the extension of the Offer, 206,066,808 Shares had been validly tendered pursuant to the Offer and not properly withdrawn.
These Consumer Staples Stocks Marked Stellar Gains in Q1(Continued from Prior Part)Impressive performances The stocks of household and personal care product makers marked impressive performances in the first quarter. The majority of these stocks
Stocks that moved substantially or traded heavily on Monday: Kellogg Co., down $1.36 to $56.02 The food company is selling its iconic Keebler cookie brand and other businesses to Ferrero for $1.3 billion. ...
NEW YORK, March 28, 2019 -- Levi & Korsinsky announces it has commenced an investigation of Coty, Inc. (“Coty” or “the Company”) (NYSE: COTY) concerning possible breaches.
Coty (COTY) is largely benefitting from strength of its Luxury segment that accounted for about 40% of the top line in Q2. However, supply-chain hurdles continue to mar Consumer Beauty unit.
NEW YORK, March 25, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
Coty Inc. (the “Company” or “Coty”) (COTY) today announced that it has filed an amendment to its Solicitation/Recommendation Statement on Schedule 14D-9 with the Securities and Exchange Commission (the “SEC”) in connection with the tender offer (the “Offer”) commenced on February 13, 2019 by Cottage Holdco B.V. ( “Cottage”), an affiliate of JAB Holding Company S.à r.l. Pursuant to the Offer, Cottage would acquire up to 150 million shares of the Company’s Class A common stock (the “Shares”) at a price of $11.65 per share in cash. The Company also announced today that it has entered into a Stockholders Agreement (the “Stockholders Agreement”) with Cottage, JAB Holdings B.V. and JAB Cosmetics B.V. (the “JAB Group”) containing provisions that would become effective upon a consummation of the Offer and that are intended to enhance the potential for Coty stockholders following the consummation of the Offer to participate in the potential value creation that could result from Company management’s execution of its anticipated new strategic plan and to receive a premium for the purchase of their Shares in the event of future strategic transactions involving the Company’s common equity.
As previously announced, on February 8, 2019, the Board of Directors of Coty Inc. declared a quarterly cash dividend of $0.125 per common share, payable on March 15, 2019 to shareholders of record on February 28, 2019.
Helen of Troy (HELE) explores sale of its Personal Care business, which has been denting its Beauty segment. This will help the company increase focus on its Leadership Brands.
Coty's (COTY) Luxury unit continues to deliver a strong show. Also, acquisitions and e-commerce efforts bode well amid hurdles like soft Consumer Beauty segment.
Coty Inc. (the “Company”) (COTY) today announced that it has filed its initial Solicitation/Recommendation Statement on Schedule 14D-9 with the Securities and Exchange Commission (“SEC”) in connection with the tender offer (the “Offer”) commenced on February 13, 2019 by Cottage Holdco B.V. (the “Offeror”), an affiliate of JAB Holding Company S.à r.l. Pursuant to the Offer, the Offeror would acquire up to 150 million additional shares of the Company’s Class A common stock at a price of $11.65 per share in cash. As previously announced, the Board of Directors of the Company formed a special committee of disinterested, independent directors (the “Special Committee”) to evaluate the Offer.
Coty Inc. today confirmed that on February 13, 2019 , JAB Holding Company S.à r.l. , the “JAB Group”) commenced its previously announced tender offer, pursuant to which an affiliate of JAB Group would acquire up to 150 million additional shares of the Company’s Class A common stock at a price of $11.65 per share in cash .
Coty Stock Rose 12.5%, JAB Offered to Raise StakeJAB Holdings to raise stake Coty (COTY) stock rose 12.5% on February 12. JAB Holdings proposed increasing its stake in Coty to 60% from 40%. JAB Holdings intends to acquire up to 150 million
Asian shares were mostly higher Wednesday, cheered by prospects for a resolution to the costly trade dispute between the U.S. and China, which had also sent Wall Street indexes higher. Japan's benchmark ...
JAB Ltd. has offered to significantly boost its stake in Coty Inc. by buying up to $1.75 billion in shares, a move intended to signal its confidence in the embattled beauty giant. JAB on Tuesday launched a tender offer to buy up to 150 million Coty shares for $11.65 a share in cash, a 21% premium to Monday’s closing price. If successful, the purchase would boost JAB’s stake in Coty, whose products include OPI nail polish and CoverGirl makeup, to 60% from 40%.
Stocks that moved substantially or traded heavily on Tuesday: Gilead Sciences Inc., down $2.22 to $65.40 A potential liver disease under development by the biotechnology company failed to meet its treatment ...
European conglomerate JAB Holdings is seeking a majority stake in Coty Inc., which makes CoverGirl, Max Factor and Hugo Boss brand cosmetics and fragrances. JAB is offering to buy up existing stock from ...
NEW YORK, Feb. 12, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.