It priced the offering at $29 a share. In its prospectus, the company said it has experienced more than 50 years of consecutive annual sales growth, culminating in sales north of $20 billion every year since 2021. Medline was also the biggest IPO of the year. The company raised $6.26 billion.

Medical supplies giant Medline said on Monday it was targeting an up to $39.5 billion valuation in its hotly anticipated U.S. initial public offering that is expected to be 2025's biggest IPO.

Five members of the Illinois-based Mills family joined the three-comma club on Wednesday, as the nearly 60-year-old medical supplies giant that their fathers founded finally went public.

Medline's public debut on Wednesday caps the best IPO year since 2021, with Wall Street optimistic on the deals outlook heading into 2026.

Morning Brief host Julie Hyman tracks several of the day's top trending stock tickers, including Warner Bros. Discovery (WBD) urging shareholders to reject Paramount Skydance's (PSKY) bid for the media giant,

Medline CEO Jim Boyle joins 'Squawk Box' to discuss the company's IPO, the private equity involved and much more.