Smithfield Foods, Inc. (Nasdaq: SFD) announced the pricing of a secondary public offering of 19,531,698 shares of common stock at $23.25 per share. SFDS UK Holdings Limited is selling the shares, with an option for underwriters to purchase an additional 2,929,754 shares. The offering is expected to close on September 8, 2025. Morgan Stanley, BofA Securities, and Barclays are acting as joint lead book-running managers. A prospectus related to the offering has been filed with the SEC, available on the SEC website. Smithfield Foods is not selling any shares in the offering.

Read more at GlobeNewswire: Smithfield Foods Announces Pricing of Upsized Secondary