BRP and Principal Shareholder Successfully Conclude Secondary Offering
Valcourt, Quebec, September 12, 2025 – BRP Inc. (NASDAQ: DOO and TSX: DOO), a global leader in powersports vehicles and propulsion systems, announced today the successful closing of its previously announced secondary offering. The offering saw its principal shareholder, which is affiliated with the Bombardier family, offer a significant number of BRP shares for sale.
The secondary offering, which was initially announced on September 5, 2025, was met with strong investor interest, underscoring the continued confidence in BRP’s robust business model and its strategic vision for growth. While the specific number of shares offered and the final pricing were not reiterated in the announcement of the closing, the successful completion signifies a key milestone in the company’s ongoing financial strategy.
This transaction is primarily a secondary offering, meaning that the shares were sold by the principal shareholder and not by BRP itself. As a result, BRP will not receive any proceeds from the sale of these shares. However, the offering facilitates greater liquidity in BRP’s stock and can contribute to a broader base of public ownership, which is generally viewed positively by the market.
BRP has demonstrated a consistent track record of innovation and performance across its diverse portfolio of brands, which include Ski-Doo, Sea-Doo, Can-Am, and Rotax. The company’s commitment to expanding its product offerings, particularly in the realm of electric vehicles, has been a significant driver of its recent success and future growth prospects.
The company continues to focus on executing its strategic plan, which includes leveraging its strong brand equity, expanding its global reach, and pursuing opportunities in emerging markets and technologies. Investors will be keenly observing BRP’s upcoming financial reports and strategic updates as the company navigates the evolving landscape of the powersports industry.
The closing of this secondary offering marks a significant step in the ownership structure of BRP, and the company remains dedicated to delivering value to its shareholders, employees, and customers worldwide.
BRP and its Principal Shareholder Announce Closing of Previously Announced Secondary Offering
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