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BRP and Bain Capital Announce Secondary Offering of Shares

Story Highlights
  • BRP Inc. is a leader in powersports products with brands like Ski-Doo and Sea-Doo.
  • BRP and Bain Capital announce a secondary offering of 1.5 million shares, impacting Bain’s voting power.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BRP and Bain Capital Announce Secondary Offering of Shares

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BRP ( (TSE:DOO) ) has provided an update.

BRP Inc. and its principal shareholder, Bain Capital Integral Investors II, L.P., have announced a secondary offering of 1,500,000 subordinate voting shares on a bought deal basis with BMO Capital Markets. The offering, priced at C$90.71 per share, will not provide proceeds to BRP but will reduce Bain’s voting power in the company. The transaction is expected to close around September 12, 2025, and is part of a strategic move that includes a distribution in kind of multiple voting shares to Bain’s affiliates, impacting the company’s shareholder structure.

The most recent analyst rating on (TSE:DOO) stock is a Hold with a C$70.00 price target. To see the full list of analyst forecasts on BRP stock, see the TSE:DOO Stock Forecast page.

Spark’s Take on TSE:DOO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DOO is a Neutral.

BRP’s overall stock score is driven by strong technical indicators and revenue growth, but is significantly hampered by poor profitability and high leverage. The technical analysis shows bullish momentum, which is a positive sign for short-term investors. However, the negative P/E ratio and high debt levels present substantial risks. Investors should be cautious of the overbought technical indicators, which could lead to a correction.

To see Spark’s full report on TSE:DOO stock, click here.

More about BRP

BRP Inc. is a global leader in the powersports industry, specializing in powersports products, propulsion systems, and boats. The company boasts a portfolio of industry-leading brands, including Ski-Doo and Lynx snowmobiles, as well as Sea-Doo watercraft and pontoons.

YTD Price Performance: 24.78%

Average Trading Volume: 169,676

Technical Sentiment Signal: Buy

Current Market Cap: C$6.62B

Find detailed analytics on DOO stock on TipRanks’ Stock Analysis page.

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