secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON & JOHNSON (JNJ)
CIK:        0000200406
Form:       8-K
Filed at:   2023-08-25T23:59:59+00:00
Accession:  0000200406-23-000086
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson & Johnson completes split-off exchange of 1.53B Kenvue shares for 190.96M JNJ shares
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- Completed split-off exchange offer on Aug 23, 2023: exchanged 1,533,830,450 Kenvue shares for 190,955,435 JNJ shares.
- Transaction effectively separates Kenvue (consumer health) from JNJ, reducing JNJ share count by ~190.96M shares.
- Kenvue common stock now held by former JNJ shareholders who tendered shares in the exchange offer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/200406/000020040623000086/0000200406-23-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/200406/000020040623000086/jnj-20230823.htm
  HTML page:      https://secwatch.observer/filing/0000200406-23-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer