TSX:DOOLeisure
BRP (TSX:DOO) Valuation Check After CA$185 Million Follow-On Equity Offering and Dilution Concerns
BRP (TSX:DOO) just raised CA$185 million through a follow on equity offering of 1,850,000 subordinate voting shares at CA$100 each, a modest discount that puts dilution and growth plans in sharper focus for investors.
See our latest analysis for BRP.
That fresh capital raise lands after a choppy spell, with a 30 day share price return of minus 7.17 percent. At the same time, the 1 year total shareholder return sits at a strong 35.21 percent, suggesting longer term momentum is intact despite...