Nov. 20 at 8:54 PM
Solventum Corp shares rose Thursday after announcing a
$1 billion share buyback program and the acquisition of Acera Surgical for up to
$850 million. The board approved the open-ended buyback, starting in 2026; Solventum had roughly 173.4 million shares outstanding as of October 31, 2025.
The acquisition includes
$725 million in cash plus up to
$125 million in milestone-based payments. Acera, a regenerative wound-care biotech, expands Solventum’s MedSurg portfolio into synthetic tissue matrices, a
$900 million U.S. market. Its Restrata products are currently available in the U.S. for complex wound treatment in acute-care settings.
CEO Bryan Hanson highlighted that strong financial performance, cash generation, and a healthy balance sheet allow the company to pursue targeted M&A and return capital to shareholders.
$SOLV