NEW YORK — JBS S.A. officially started trading on the New York Stock Exchange (NYSE) on June 13, completing the dual listing of the multinational meat business.

The company’s shares are now listed on both the NYSE and Brazil’s B3 stock exchange in São Paulo.

“Joining the NYSE is a source of great pride for all of us at JBS,” said Gilberto Tomazoni, global chief executive officer for JBS. “It recognizes our successful track record, built on resilience, determination, and a commitment to the future, as well as our entrepreneurial journey. This step strengthens our access to global capital markets and enhances our ability to deliver long-term value to shareholders, team members, and the communities we serve.”

Last month, the minority shareholder of JBS SA approved the company’s dual listing, with the two largest shareholders abstaining from the vote.  

“Our presence on the NYSE is a strategic move to optimize our capital structure and broaden our investor base,” said Guilherme Cavalcanti, chief financial officer of JBS. “We are entering this new chapter with robust financial management and a clear strategy for sustainable and profitable growth.”

JBS was founded 72 years ago and has grown into one of the world’s largest protein companies, employing approximately 280,000 people. The business features more than 250 production facilities in 17 countries.

JBS worked to list company shares in the United States for several years.

However, the company’s stock decision has been met with backlash from environmental groups as well as members of Congress due to allegations of corruption, anti-competitive business practices and negative environmental impacts.

Most recently, US Senator Elizabeth Warren (D-Mass.) wrote to executives from JBS USA and its subsidiary, Pilgrim’s Pride, seeking an explanation of a $5 million donation made to the Trump-Vance Inaugural Committee before the approval of the company’s proposed dual listing.

“As a US-based food company, Pilgrim’s was pleased to support the 2025 inauguration ceremony,” a company spokesperson told MEAT+POULTRY in April. “We have a long bipartisan history of participating in the civic process and look forward to working with the administration to create opportunities for American farmers and provide safe, affordable food for American families.”