Solstice authorizes $500 million share repurchase program
Solstice’s board approved a program to buy back up to $500 million of common stock and the company affirmed previously announced Q3 and increased full-year 2026 guidance.
Solstice also announced today that its Board of Directors has approved a share repurchase program authorizing the Company to purchase up to $500 million of its common stock.
Mr.
Sewell added, "Our first share repurchase program underscores the Board and management team's confidence in Solstice's long-term strategy, growth prospects and ability to create value for shareholders, as well as our commitment to disciplined capital allocation and returning capital to shareholders." Additional information regarding the share repurchase program is included in the Company's Form 8-K filed with the SEC today.
Solstice is affirming its previously announced guidance for the third quarter and its increased guidance for the full-year 2026