TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
WH Group ( (HK:0288) ) has shared an announcement.
WH Group Limited announced the pricing of a secondary public offering of 19,531,698 shares of Smithfield Foods, Inc. at $23.25 per share. This offering, managed by major financial institutions, is expected to close on September 8, 2025, and will result in WH Group retaining approximately 87.8% ownership of Smithfield, or 87.0% if additional shares are purchased by underwriters.
The most recent analyst rating on (HK:0288) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on WH Group stock, see the HK:0288 Stock Forecast page.
More about WH Group
WH Group Limited, incorporated in the Cayman Islands, is a leading global pork company. It operates through its subsidiary, Smithfield Foods, Inc., which is listed on the Nasdaq Global Select Market and is involved in the production and marketing of pork products.
Average Trading Volume: 25,240,791
Technical Sentiment Signal: Buy
Current Market Cap: HK$108.4B
Find detailed analytics on 0288 stock on TipRanks’ Stock Analysis page.