With 397.47 million shares outstanding after it goes public, Smithfield Foods would have a market capitalization of about $10.73 billion if it prices its IPO at $27 a share.

Smithfield Foods sets initial IPO terms that value the company as high as $10.7B Jan. 21, 2025 7:04 AM ET Smithfield Foods, Inc. (SFD) Stock HRL , PPC , TSN , CAG , GIS , JBSAY By: Clark Schultz ...

Smithfield Foods also said it would transfer some of its hog farming operations to a venture controlled by Murphy Family Ventures in North Carolina, Bloomberg reported earlier in December.According to ...

Smithfield Foods, the largest pork processor in the U.S., said it priced its initial public offering well below its forecast range, raising $521.7 million for the company and the selling stockholder.

(Reuters) -Smithfield Foods on Monday made public its paperwork for an initial public offering in the United States, as the maker of Farmland bacon and Farmer John sausages prepares for its U.S ...

Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the stock market about 12 years after China’s WH Group took it private.

Summary. Smithfield Foods has filed to raise $100 million in an IPO to expand infrastructure and capacity, although the final figure may be up to $1 billion.

Smithfield Foods products are on display at the Ukrops store in Richmond, Va., March 10, 2009. Credit: AP/Steve Helber By The Associated Press Updated January 28, 2025 ...

Smithfield Foods is targeting a valuation of up to $10.73 billion in its New York flotation, the biggest U.S. pork processor said on Tuesday, moving closer to its U.S. stock market return after ...

In addition to Smithfield, its other brands include Eckrich, Farmland Foods, John Morrell, Murphy Farms and Nathan’s Famous, with which it has a marketing agreement. Virginia law dictates what ...

By Steve Gelsi . China-owned bacon maker sets IPO terms at $24 to $27 with 397.47 million shares outstanding . An initial version of this story misspelled Smithfield Foods Inc. in the headline.