Zimmer Biomet Raises Fiscal 2026 Share Repurchase Target to $1 Billion

Fidelity
2026.05.12 11:14
portai
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Zimmer Biomet (ZBH) has raised its fiscal 2026 share repurchase target to $1 billion, an increase of $250 million from its previous target. The buybacks will be executed under the existing $1.5 billion share repurchase authorization approved by the board in February 2026. The company plans to repurchase shares through open-market purchases or structured agreements with third parties.