Weber Inc. is a publicly traded American manufacturer of charcoal, gas, and electric outdoor grills with related accessories.
Why did Weber go public?
A big jump in sales has prompted US grill manufacturer Weber to go public on the New York Stock Exchange — but prospects for sustained growth may not be as hot as they seem. George Stephen was frustrated. Every time he tried to cook a nice piece of meat on his backyard grill, he got angry.5 Aug 2021
What did Weber IPO at?
The Weber IPO comes after last month's debut from rival Traeger (COOK), amid an effort to take advantage of a pandemic-era boom in outdoor activity. Weber (WEBR) on Thursday priced an offering of 17.9 million shares at $14 apiece, raising $250 million.5 Aug 2021
Is Weber a publicly traded company?
Weber Inc. Weber Inc. is a publicly traded American manufacturer of charcoal, gas, and electric outdoor grills with related accessories. In 2021 it became a publicly traded company.
Is Weber grills going public?
Weber raised about $250 million in its initial public offering on Thursday, selling about 17.9 million shares at $14 apiece, according to a company statement.5 Aug 2021
What was Weber IPO price?
At a price of $14 per share, Weber raised about $250 million in its IPO. The Palatine, Illinois-based company, whose grill types include gas, electric and charcoal, made its debut a week after rival wood pellet grill maker Traeger Inc (COOK.5 Aug 2021
When did Weber go public?
Weber CEO describes new smart grill lineup as stock pops in market debut. Weber Grills has plans to launch a new line this year that redefines propane grilling, CEO Chris Scherzinger told CNBC on Thursday ahead of the company's public listing Aug. 5.5 Aug 2021
Did Weber go public?
Grill Maker Weber's IPO Goes From Sizzle to Fizzle The Palatine, Illinois-based company sold slightly less than 18 million shares for $14 each, according to a statement. Weber had marketed almost 47 million shares for $15 to $17, which would have raised as much as $797 million.4 Aug 2021
Did Weber grills go public?
Weber's debut comes about a week after rival grill maker Traeger raised $424 million in its IPO. Weber raised about $250 million in its initial public offering on Thursday, selling about 17.9 million shares at $14 apiece, according to a company statement.5 Aug 2021