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Reynolds Consumer Products Priced, Nasdaq: REYN

Leading provider of household and kitchen products.

Industry: Consumer Staples

Latest Trade: $33.52 0.00 (0.0%)

First Day Return: +9.8%

Return from IPO: +28.9%

Industry: Consumer Staples

We are a market-leading consumer products company with a presence in 95% of households across the US. We produce and sell products across three broad categories: cooking products, waste & storage products, and tableware. We sell our products under iconic brands such as Reynolds and Hefty and also under store brands that are strategically important to our customers. Overall, across both our branded and store brand offerings, over 65% of our revenue for the year ended December 31, 2018 came from products where we hold the #1 US market share position in the category, and in virtually all of our major product categories we hold either a #1 or #2 US market share position by revenue. Our mix of branded and store brand products is a key competitive advantage that aligns our goal of growing the overall product category with our customers’ goals and positions us as a trusted strategic partner to our retailers. The combination of our store brand offerings, the shared goal of category growth and indispensable support in marketing, innovation, branding and promotions has enabled us to achieve the position of category captain level advisor across 29 customers, which represent 73% of U.S. category sales, based on Nielsen all-commodity volume in 2018.
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IPO News for Reynolds Consumer Products
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IPO Data
IPO File Date 11/15/2019
Offer Price $26.00
Price Range $25.00 - $28.00
Offer Shares (mm) 47.2
Deal Size ($mm) $1,226
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/30/2020
Offer Price $26.00
Price Range $25.00 - $28.00
Offer Shares (mm) 47.2
Deal Size ($mm) $1,226
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Lake Forest, IL
Founded 2011
Employees 5,000
Website www.reynoldsconsumerproducts.com