-+ 0.00%
-+ 0.00%
-+ 0.00%
Solstice board authorizes $500 million share buyback program
Share
Listen to the news
Solstice board authorizes $500 million share buyback program
  • Board action cleared a mutual termination of the merger agreement under which Solstice Advanced Materials was to acquire Element Solutions.
  • Directors authorized a share repurchase program of up to USD 500 million.
  • Management reaffirmed third-quarter guidance, projecting net sales of USD 990 million to USD 1.03 billion.
  • Full-year guidance was affirmed, including net sales of USD 4.13 billion to USD 4.19 billion and adjusted EBITDA of USD 1.04 billion to USD 1.06 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solstice Advanced Materials Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608271700PR_NEWS_USPR_____NY35729) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending