Kenvue exits S&P 500 as Kimberly-Clark acquires it; Okta replaces Kenvue in the index.

Kenvue is leaving the S&P 500 due to its acquisition by Kimberly-Clark, which is expected to close soon. Kenvue shareholders will receive $3.50 in cash plus Kimberly-Clark shares for each Kenvue share at closing. Okta will replace Kenvue in the S&P 500 starting November 4, 2026, shifting the index slightly toward technology. Kimberly-Clark shareholders will own about 54% of the combined company, while Kenvue shareholders will own about 46%. Investors should watch for the deal closing and Kimberly-Clark's dividend announcements post-merger.

Kenvue shares are stable at USD 19.31 on Pluang as of November 2, 2026, 23:01 WIB, reflecting no change in the last day. Kimberly-Clark, which will acquire Kenvue, trades at USD 108.70 with a 0.70% increase, showing investor confidence ahead of the merger. Okta, set to replace Kenvue in the S&P 500, is down 3.55% at USD 200.84, indicating some volatility in the technology sector.