Smithfield Foods, Inc. announced on September 4, 2025, the pricing of an upsized secondary public offering of 19,531,698 shares of its common stock. The shares are being sold by SFDS UK Holdings Limited, the principal shareholder, at a price of $23.25 per share.
The selling shareholder has granted the underwriters a 30-day option to purchase up to 2,929,754 additional shares of the company’s common stock. Smithfield Foods will not sell any shares in this offering and will not receive any proceeds from the sale.
The offering is expected to close on September 8, 2025, subject to customary closing conditions. This transaction increases the public float of Smithfield's stock, potentially affecting its trading liquidity and market capitalization.
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