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L Brands Announces Commencement of Secondary Offering and the Repurchase of Its Common Stock

L Brands Announces Commencement of Secondary Offering and the Repurchase of Its Common Stock

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COLUMBUS, Ohio, July 13, 2021 (GLOBE NEWSWIRE) — L Brands, Inc. (“L Brands”) (NYSE: LB) announced today the commencement of an underwritten public secondary offering of 20,041,646 shares of its common stock (the “Offering”) by Leslie H. Wexner and certain affiliated selling stockholders (collectively, the “Selling Stockholders”). L Brands will not receive any proceeds from the sale of shares by the Selling Stockholders in the Offering.

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