Hain Celestial (HAIN) Announces 12.38M Share Offering by Selling Stockholders, Concurrent 1.7M Share Buyback
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Hain Celestial Announces Secondary Offering of Common Stock by Selling Stockholders and Concurrent Share Repurchase
November 10, 2021 4:26 PM ESTLAKE SUCCESS, N.Y., Nov. 10, 2021 /PRNewswire/ --Â The Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial," "Hain" or the "Company"), today announced that certain affiliates of Engaged Capital, LLC (the "Selling Stockholders") that have existing ownership interests in Hain, intend, subject to market conditions, to offer 12,379,504 shares of Hain common stock in an underwritten secondary offering. The Selling Stockholders will receive all of the net proceeds from the offering. Hain is not offering any shares of common stock in the offering.
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