Breaking News

Coty Sets Share Price at $17.50

November 30, -0001

Stock expected to begin trading today on NYSE.

Coty Inc. has announced the pricing of its initial public offering (IPO) of 57,142,857 shares of its Class A common stock at $17.50 per share. The stock is expected to begin trading today on the New York Stock Exchange on June 13, 2013 under the ticker symbol "COTY."

The shares offered are being sold by existing Coty stockholders and Coty will not receive any of the proceeds of the offering. These existing stockholders have also granted the underwriters an option for 30 days to purchase an additional 8,571,428 shares of Class A common stock at the initial offering price less the underwriting discount.

Related End-User Markets:

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • Organic Matter

    Organic Matter

    Christine Esposito, Associate Editor||November 14, 2016
    FTC and USDA hold a public roundtable to discuss consumers’ perception of organic claims.

  • Hair for Me!

    Hair for Me!

    October 31, 2016
    Function of Beauty fulfills the promise of personalization in the beauty space—one bottle at a time.

  • New and Noteworthy:  Fine Fragrance Roundup  for Fall 2016

    New and Noteworthy: Fine Fragrance Roundup for Fall 2016

    Melissa Meisel, Associate Editor||November 2, 2016
    Check out the latest launches in fragrance this season.

  • Change Is in the Air

    Change Is in the Air

    Doreen Wang, BrandZ ||October 3, 2016
    Technology is changing the personal care market

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ