What will be the impact on Kvu

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2023-07-21

What will be the impact on Kvue share price?

J&J Investors Will Soon Be Able To Exchange Shares For Kenvue Stocks

Shareholders of Johnson & Johnson will soon have the opportunity to exchange their shares for those of Kenvue Inc., the consumer health company that spun off from J&J two months ago,CNBCreports.What Happened: J&J, which owns nearly 90% of Kenvue shares, plans to reduce its stake through an exchange offer that could launch “as early as the coming days,” according to J&J CFO Joseph Wolk.The split-off process will allow J&J shareholders to exchange all or a portion of their shares for Kenvue’s comm

J&J Investors Will Soon Be Able To Exchange Shares For Kenvue Stocks

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Johnson</strong> will soon have the opportunity to exchange their shares for those of <strong>Kenvue </strong>Inc., the consumer health company that spun off from J&amp;J two months ago,CNBCreports.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> J&amp;J, which owns nearly 90% of Kenvue shares, plans to reduce its stake through an exchange offer that could launch “as early as the coming days,” according to J&amp;J CFO<strong> Joseph Wolk</strong>.</p><p style=\"text-align: start;\">The split-off process will allow J&amp;J shareholders to exchange all or a portion of their shares for Kenvue’s common stock.</p><p>Describing the split-off as the “most advantageous form of separation” for J&amp;J, Wolk added that Kenvue will most likely have a shareholder base that wants to own its stock, after the split.</p><p style=\"text-align: start;\">Kenvue CEO <strong>Thibaut Mongon</strong> expressed satisfaction with the shareholders’ reception of the company’s initial public offering in May.</p><p style=\"text-align: start;\">&#34;We see a lot of alignment among our new investors in seeing the potential of Kenvue, but I can tell you that we are fully ready to leave as a fully independent company,&#34; 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Johnson</strong> will soon have the opportunity to exchange their shares for those of <strong>Kenvue </strong>Inc., the consumer health company that spun off from J&amp;J two months ago,CNBCreports.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> J&amp;J, which owns nearly 90% of Kenvue shares, plans to reduce its stake through an exchange offer that could launch “as early as the coming days,” according to J&amp;J CFO<strong> Joseph Wolk</strong>.</p><p style=\"text-align: start;\">The split-off process will allow J&amp;J shareholders to exchange all or a portion of their shares for Kenvue’s common stock.</p><p>Describing the split-off as the “most advantageous form of separation” for J&amp;J, Wolk added that Kenvue will most likely have a shareholder base that wants to own its stock, after the split.</p><p style=\"text-align: start;\">Kenvue CEO <strong>Thibaut Mongon</strong> expressed satisfaction with the shareholders’ reception of the company’s initial public offering in May.</p><p style=\"text-align: start;\">&#34;We see a lot of alignment among our new investors in seeing the potential of Kenvue, but I can tell you that we are fully ready to leave as a fully independent company,&#34; he said. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","KVUE":"Kenvue Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136968252","content_text":"Shareholders of Johnson & Johnson will soon have the opportunity to exchange their shares for those of Kenvue Inc., the consumer health company that spun off from J&J two months ago,CNBCreports.What Happened: J&J, which owns nearly 90% of Kenvue shares, plans to reduce its stake through an exchange offer that could launch “as early as the coming days,” according to J&J CFO Joseph Wolk.The split-off process will allow J&J shareholders to exchange all or a portion of their shares for Kenvue’s common stock.Describing the split-off as the “most advantageous form of separation” for J&J, Wolk added that Kenvue will most likely have a shareholder base that wants to own its stock, after the split.Kenvue CEO Thibaut Mongon expressed satisfaction with the shareholders’ reception of the company’s initial public offering in May.\"We see a lot of alignment among our new investors in seeing the potential of Kenvue, but I can tell you that we are fully ready to leave as a fully independent company,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":36,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}