• CVS Health plans to separate into two independent, publicly traded companies in the first half of 2028.
• The healthcare solutions business will combine insurance, pharmacy services and care delivery, led by Chairman and CEO David Joyner.
• CVS Pharmacy will include approximately 9,000 pharmacies, community healthcare operations and Health100, with Prem Shah as CEO.
• Both companies are expected to have solid investment-grade ratings, strong free cash flow and capacity to pay dividends.
• Existing shareholders will own shares in both companies upon completion, which remains subject to final board approval.

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. CVS Health Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611040631PR_NEWS_USPR_____NE88491) on November 04, 2026, and is solely responsible for the information contained therein.