Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group.
US Pork Giant Smithfield Foods Raises $522M After Pricing IPO Below Range
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after pricing shares below their marketed range.
Smithfield Foods gains slightly in early post-IPO trading to push its market cap over $8B
Smithfield Foods ( NASDAQ: SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading values the food processing giant at just over $8.0 billion.
Smithfield Foods raises $522M in first day on Nasdaq
Listen to this article Smithfield Foods officials rang the opening bell Tuesday at the Nasdaq MarketSite in New York City, as the packaged meat and fresh pork giant launched its initial public offering of 26 million stock shares at $20 per share on the Nasdaq Global Select Market,
Smithfield Foods Gains in First Day of Trading
Shares of Smithfield Foods, which late Monday priced its initial public offering at $20 per share, were ticking higher on their first day of trading. The stock, trading under the ticker symbol SFD, was up fractionally to $20.
Smithfield Foods sets initial IPO terms that value the company as high as $10.7B
Smithfield Foods ( SFD) began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its common stock. The initial public offering price is expected to be between $23.00 and $27.00 per share. The range values the Virginia-based company at $10.7 billion at the high point.
Smithfield Foods IPO pricing falls short of target
The offering has been priced at $20 per share, not the $23 to $27 range suggested by the meat giant last week.
Meat1d
Smithfield announces IPO pricing
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead ...
World’s Biggest Pork Producer Smithfield Raises $522 Million in IPO
Smithfield Foods Inc.’s initial public offering raised $522 million, with shares pricing below the marketed range.Most Read ...
The Herald Bulletin8h
Deacon Jones Expands with Two New Stores in South Hill, Virginia
Deacon Jones Automotive Group is proud to announce its expansion into South Hill, Virginia, with the acquisition of two new ...
Pork giant Smithfield’s CEO touts growth outlook, minimizes threats from deportations, bird flu
Smithfield Foods' CEO Shane Smith says he hopes that everything the company has done to make working in its plants more ...
Smithfield Culinary Named Overall Winner in International Foodservice Distributors Association Distributor's Choice Awards
Smithfield Culinary, a division of Smithfield Foods, was named the Overall Winner of the 2025 International Foodservice ...
Four Hampton Roads residents won big in Va. Lottery
Four Hampton Roads lottery players won big in the past couple months. The three winners come from Virginia Beach, James City ...
shorenewsnetwork2d
Smithfield man kicks off New Year with $100K Virginia Lottery win
Richard Bellew, a retired U.S. Navy officer, started the new year with a $100,000 win playing the Virginia Lottery’s Knight’s ...
The Herald-Standard3d
Body recovered in Cheat Lake may be missing Smithfield man
First responders recovered a car Sunday afternoon that had been submerged in frozen-over Cheat Lake — but Monongalia County ...