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CVS Health to split into two companies by 2028, separating insurance and pharmacy businesses.

Company Fundamentals
04 Nov 2026, 13:59 WIB
Market Watch
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Neutral
CVS Health to split into two companies by 2028, separating insurance and pharmacy businesses.

CVS Health announced plans to split into two publicly traded companies by 2028. One company will combine Aetna, its health insurance arm, with the pharmacy benefits business, while the other will focus on operating CVS Pharmacy's retail stores and pharmacies. This breakup unwinds a major healthcare deal from the 2010s and aims to streamline operations. The separation reflects strategic shifts in the healthcare industry and could impact investors and customers by creating more focused business units.

CVS Health trades at USD 89.98 on Pluang, down 1.56% as of Nov 04, 2026 19:13 WIB, with a market cap of $116.91 billion. The stock has a dividend yield of 2.91% and a typical hold time of 81 days among Pluang investors. This trading activity coincides with CVS's announcement to split into two companies, reflecting investor interest in the healthcare giant's strategic shift.

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