Johnson & Johnson Announces Final Exchange Ratio of 8.0324 in Split-Off of Kenvue
Portfolio Pulse from Benzinga Newsdesk
Johnson & Johnson (JNJ) has announced the final exchange ratio for its split-off exchange offer. Shareholders can exchange their JNJ shares for shares of Kenvue Inc. (KVUE) at a ratio of 8.0324 KVUE shares for each JNJ share.
August 17, 2023 | 8:02 am
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NEUTRAL IMPACT
The announcement of the final exchange ratio for the split-off could lead to increased trading activity and potential price volatility for JNJ shares.
The announcement of the final exchange ratio for the split-off could lead to increased trading activity as shareholders decide whether to participate in the exchange offer. This could potentially lead to price volatility for JNJ shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
The announcement of the final exchange ratio for the split-off could lead to increased trading activity and potential price volatility for KVUE shares.
The announcement of the final exchange ratio for the split-off could lead to increased trading activity as shareholders decide whether to participate in the exchange offer. This could potentially lead to price volatility for KVUE shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100