Dole plc Announces Secondary Offering of Ordinary Shares

Strategic Insights -

Global leader in fresh produce, Dole plc, has issued a news release announcing the commencement of an underwritten secondary offering of 11,917,263 ordinary shares by Castle & Cooke Holdings, Inc. and The Murdock Group, LLC. The company is not selling any shares in the offering and will not receive any proceeds from the sale. The shares are being offered at a price per share equal to the public offering price minus underwriting discounts and commissions, and are listed on the New York Stock Exchange under the ticker symbol "DOLE."

Key Takeaways:

  • Dole plc has announced a secondary offering of 11,917,263 ordinary shares by Castle & Cooke Holdings, Inc. and The Murdock Group, LLC, without the company's involvement.
  • The selling shareholders will sell the shares at a price per share equal to the public offering price minus underwriting discounts and commissions.
  • Goldman Sachs & Co. LLC is acting as the underwriter and sole book-running manager for the offering.
  • The shares are being offered pursuant to an automatically effective shelf registration statement on Form F-3 filed with the SEC on September 3, 2025.
  • The prospectus relating to the offering will be filed with the SEC and may be obtained from Goldman Sachs & Co. LLC or the SEC's website at www.sec.gov.
  • The offering is subject to the registration requirements of the Securities Act of 1933, as amended.

Statistics:

  • 11,917,263 ordinary shares are being offered by Castle & Cooke Holdings, Inc. and The Murdock Group, LLC.
  • The offering is being managed by Goldman Sachs & Co. LLC.
  • The shares are listed on the New York Stock Exchange under the ticker symbol "DOLE."
  • The prospectus relating to the offering will be filed with the SEC.
  • The Securities Act of 1933, as amended, regulates the offering.

Sources:

  • https://www.sec.gov/Archives/edgar/data/1398237/000139823725000002/dole-20250903162525-8-k.htm