Previous Close | 33.72 |
Open | 33.40 |
Bid | 33.62 x N/A |
Ask | 33.65 x N/A |
Day's Range | 33.32 - 33.40 |
52 Week Range | 25.98 - 33.75 |
Volume | |
Avg. Volume | 1 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Oct 24, 2024 - Oct 28, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
The company neither admitted or denied allegations it made inaccurate statements regarding its K-Cup pods.
Keurig Dr Pepper Inc. will pay $1.5 million to settle charges that it made inaccurate statements about the recyclability of its K-Cup single use beverage pods, according to the U.S. Securities and Exchange Commission.
WASHINGTON (Reuters) -Keurig Dr Pepper Inc agreed to pay a $1.5 million fine to settle U.S. Securities and Exchange Commission charges that the beverage company made inaccurate statements regarding the recyclability of its K-Cup pods, the regulator said on Tuesday. Keurig in 2019 and 2020 said testing showed its K-Cup pods can be "effectively recycled," even though two of the largest U.S. recycling companies had doubts about the commercial feasibility of recycling them and did not intend to accept them, the SEC said in a statement. Keurig did not disclose to investors the negative feedback from the recycling firms.