Dole plc (NYSE:DOLE, Financial), a newly created company formed from the combination of Total Produce plc and Dole Food Company, Inc., announced today the closing of its initial public offering of 25,000,000 ordinary shares at a price of $16.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 3,750,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions. The ordinary shares are being offered by Dole plc for total gross proceeds of $400 million, before deducting underwriting discounts and commissions and offering expenses. The shares began trading on the New York Stock Exchange on July 30, 2021 under the ticker symbol “DOLE”.
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