SOLV · 10-Q · 2026Q2 · Full report
Capital Return Program
Solventum Corp · 2026-08-05 · Importance 34 · Surprise 42 · Matches filing data
Solventum repurchased 3.9 million common shares during the second quarter of 2026 and 4.8 million shares during the six months ended June 30, 2026. The repurchases were conducted through open-market transactions under a share repurchase program approved by the Board in November 2025. The program authorizes purchases of up to a stated billion-dollar amount of common stock, although the supplied filing text does not show the authorization figure. Solventum made no repurchases during the comparable 2025 periods.
Key facts
- In November 2025, Solventum's Board of Directors approved a share repurchase program authorizing the Company to purchase up to $1 billion of the Company's outstanding common stock. source
- The Employee Stock Purchase Plan provides two six-month offering periods commencing on January 1 and July 1 and an aggregate of 4.0 million shares has been authorized for issuance under the ESPP. source
- Under the repurchase program, the Company repurchased 3.9 million shares for total consideration of approximately $288 million through open market repurchases during the three months ended June 30, 2026. source
- Under the repurchase program, the Company repurchased 4.8 million shares for total consideration of approximately $355 million through open market repurchases during the six months ended June 30, 2026. source
- In November 2025, Solventum's Board approved a share repurchase program authorizing purchases of up to $__ billion of common stock (amount redacted). source
- Under the share repurchase program, the Company repurchased 3.9 million shares for approximately $__ million during the three months ended June 30, 2026, and repurchased 4.8 million shares for approximately $__ million during the six months ended June 30, 2026 (amounts redacted). source
- Cash used in financing activities for the six months ended June 30 (two columns shown) were $(350) million and $(249) million. source
- In the first six months of 2026, cash flows used in financing activities increased as compared to the first six months of 2025 due to cash outflows related to the Company's share repurchase program. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -2.5% | Under the repurchase program, the Company repurchased 4.8 million shares for total consideration of approximately $355 million through… |