Kenvue announces pricing of secondary offering
Summary
After the completion of the Offering, Johnson & Johnson will no longer own any shares of Kenvues common stock.Goldman Sachs & Co. LLC, J.P. Morgan and BofA Securities are acting as joint lead book-running managers for the Offering. The Offering is being made only by means of a prospectus forming part of the effective registration statement. At Kenvue, we believe in the extraordinary power of everyday care and our teams work every day to put that power in consumers hands and earn a place in their hearts and homes.This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, statements about the timing and details of the Offering, the Selling Shareholders intent to offer the shares of common stock and the number of shares of Kenvues common stock to be held by Johnson & Johnson following the Offering. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Kenvue and its affiliates.A list and descriptions of risks, uncertainties and other factors can be found in Kenvues filings with the Securities and Exchange Commission, including its registration statement on Form S-1, Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other filings, available on request from Kenvue. Kenvue and its affiliates undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or developments or otherwise.