Smithfield Foods Announces Secondary Offering of 16 Million Shares by Principal Shareholder

Reuters
09/03
Smithfield Foods Announces Secondary Offering of 16 Million Shares by Principal Shareholder

Smithfield Foods, Inc., an American leader in value-added packaged meats and fresh pork, has announced a secondary public offering of 16,000,000 shares of its common stock. These shares will be sold by SFDS UK Holdings Limited, the principal shareholder of the company. An additional option has been granted to the underwriters to purchase up to 2,400,000 more shares. The company itself will not be selling any shares in this offering and will not receive any proceeds from the sale. The offering will be managed by Morgan Stanley, BofA Securities, and Barclays, acting as joint lead book-running managers. A registration statement, including a prospectus, has been filed with the SEC, and interested investors can access the preliminary prospectus through the SEC website or via the managing underwriters.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smithfield Foods Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9522478-en) on September 03, 2025, and is solely responsible for the information contained therein.

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