Johnson & johnson and kenvue announce pricing of upsized kenvue inc. initial public offering

New brunswick, n.j. & skillman, n.j.--(business wire)--johnson & johnson (nyse: jnj) and kenvue inc. (“kenvue”), a wholly owned subsidiary of johnson & johnson, today announced the pricing of kenvue's upsized initial public offering (“ipo”) of 172,812,560 shares of kenvue's common stock at a price to the public of $22.00 per share. in addition, kenvue has granted the underwriters a 30-day option to purchase up to an additional 25,921,884 shares of its common stock to cover over-allotmen.
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