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, 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.

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.

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 Foods, the world's largest pork producer, filed for an initial public offering in the US. Hong Kong-based WH Group, which purchased Smithfield for $4.7 billion in 2013, will sell some of its shares in the IPO,

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 has applied to list its shares of common stock on the Nasdaq Global Select Market under the ticker symbol SFD.

The date of the initial public offering, number of shares and price per share were not specified, but it implies China’s WH Group will go through with its plan to spin off

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.