Reuters
2023.05.03 23:24

Johnson & Johnson And Kenvue Announce Pricing Of Upsized Kenvue Inc Initial Public Offering

May 3 (Reuters) - J&J (JNJ.N) : * JOHNSON & JOHNSON AND KENVUE ANNOUNCE PRICING OF UPSIZED KENVUE INC. INITIAL PUBLIC OFFERING * ANNOUNCED PRICING OF KENVUE'S UPSIZED INITIAL PUBLIC OFFERING OF 172.8 MILLION SHARES OF KENVUE'S COMMON STOCK AT A PRICE OF $22.00 PER SHARE * AFTER COMPLETION OF IPO, JOHNSON & JOHNSON WILL OWN 1,716,160,000 SHARES OF KENVUE'S COMMON STOCK, REPRESENTING 90.9% OF TOTAL OUTSTANDING SHARES