Kenvue (KVUE) Prices Upsized 172.18M Share IPO at $22/sh
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Johnson & Johnson and Kenvue Announce Pricing of Upsized Kenvue Inc. Initial Public Offering
May 3, 2023 7:22 PM EDTNEW BRUNSWICK, N.J. & SKILLMAN, N.J.--(BUSINESS WIRE)-- Johnson & Johnson (NYSE: JNJ) and Kenvue Inc. (Kenvue), a wholly owned subsidiary of Johnson & Johnson, today announced the pricing of Kenvues upsized initial public offering (IPO) of 172,812,560 shares of Kenvues common stock at a price to the public of $22.00 per share. In addition, Kenvue has granted the underwriters a 30-day option to purchase up to an additional 25,921,884 shares of its common stock to cover over-allotments, if any. Kenvues common stock has been approved for listing on the New York Stock Exchange under the... More
