Smithfield files statement for IPO on US stock exchange

Smithfield Foods has officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to sell shares of its stock in an underwritten initial public offering (IPO).

January 6, 2025

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David Tran | BigStock.com

Smithfield Foods has officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to sell shares of its stock in an underwritten initial public offering (IPO).

Shareholders of Smithfield parent company WH Group approved the plan to spinoff Smithfield in December. The timing, number of shares to be offered and price range for the IPO have not yet been determined, but earlier reports said the move was expected to value Smithfield at no less than US$5.38 billion.

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