Kenvue (KVUE) Prices 182.33M Share Secondary Offering at $20/sh
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Kenvue Announces Pricing of Secondary Offering
May 14, 2024 7:13 PM EDTSKILLMAN, N.J.--(BUSINESS WIRE)-- Kenvue Inc. (NYSE: KVUE) (Kenvue) announced today the pricing of its previously announced secondary underwritten public offering (the Offering) of 182,329,550 shares of its common stock (the Shares) at a public offering price of $20.00 per share. The Offering is expected to close on May 17, 2024, subject to the satisfaction or waiver of customary closing conditions. Kenvue is not selling any shares of common stock and will not receive any proceeds from the sale of the Shares in the Offering or from the debt-for-equity exchange (as described below).
In connection with the... More
