Smithfield Foods plans a $100 million IPO to expand infrastructure. Learn why SFD stock could benefit from global pork market growth and dividend plans.

Smithfield Foods, which was acquired by China's WH Group more than a decade ago, is once again going public in the U.S. It plans to list its shares on the Nasdaq Global Select Market under the symbol SFD.

Smithfield Foods, producer of the iconic Smithfield Ham and the largest pork producer in the world, will go public in an initial public stock offering.

Smithfield, which separated its European operations last year, confidentially filed for the U.S. IPO on Oct. 4. The IPO proceeds will be used for capital investments in infrastructure, automation and capacity expansion, Smithfield said.

The world’s largest pork supplier, Smithfield Foods, has filed for its initial public offering in the U.S. The company submitted its registration statement to the U.S. Securities and Exchange Commission on Monday and would sell shares of its common stock on the Nasdaq under the ticker symbol “SFD”.

Smithfield Foods Inc., the world’s largest pork producer, has filed for its initial public offering in the US, joining a growing number of firms pursuing market debuts this year.

This marks a return to public trading circles for Smithfield, which went private more than a decade ago after being acquired by the WH Group, based in China. In mid-2024, WH Group announced that it was spinning off operations in the United States and Mexico and would focus on its business in China and Europe.

Smithfield Foods previously traded on the New York Stock Exchange before China-based WH Group acquired the company and took it private in a $4.7 billion deal in 2013.