Kenvue Inc. Delisted from NYSE Following Merger with Kimberly-Clark Subsidiary

Executive Summary

On November 2, 2026, the New York Stock Exchange LLC filed a Form 25-NSE notifying the Securities and Exchange Commission of the removal of Kenvue Inc.'s Common Stock from listing and registration pursuant to Rule 12d2-2(a)(3).

Transaction Details

• Acquirer: Kimberly-Clark Corporation (via its wholly owned subsidiary, Vesta Sub I, Inc.)
• Target: Kenvue Inc.
• Merger Effective Date: November 02, 2026
• Trading Suspension: Trading in Kenvue Inc. Common Stock was suspended on the NYSE effective November 02, 2026.
• Final Delisting Date: Formal removal from listing and registration will take effect at the opening of business on November 13, 2026.

Merger Consideration

Under the terms of the merger agreement, each outstanding share of Kenvue Inc. Common Stock was converted into:

1. Stock Consideration: 0.14625 of a share of Kimberly-Clark Corporation Common Stock.
2. Cash Consideration: $3.50 in cash, without interest, less applicable fees and withholding taxes.

Market Impact

As a consequence of the merger closing, Kenvue Inc. Common Stock ceases to be publicly traded on the NYSE, and equity holders become entitled solely to the cash and stock merger consideration.