trending Market Intelligence /marketintelligence/en/news-insights/trending/quvij11wphuk047htq0f7g2 content esgSubNav
In This List

Herbalife adjusts price range of self-tender offer

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Herbalife adjusts price range of self-tender offer

Herbalife Nutrition Ltd. said May 16 that it adjusted the price range of the self-tender offer it launched in April.

The U.S. personal and beauty products company is offering to purchase in cash up to $600 million shares of its common stock.

The company said it will now buy shares at a per share price of between $49 and $54, following the recent implementation of a two-for-one stock split by the company. Herbalife previously said it will buy the shares at a per share price of between $98 and $108.

The aggregate tender offer consideration, adjusted for the stock split, remains the same.

The tender offer will expire at 5 p.m. ET on May 24, unless extended.