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CVS Health to split into two companies by 2028, focusing separately on healthcare solutions and retail pharmacy.

Company Fundamentals
04 Nov 2026, 13:31 WIB
PRNewsWire
View Source
Bullish
CVS Health to split into two companies by 2028, focusing separately on healthcare solutions and retail pharmacy.

CVS Health announced plans to separate into two independent publicly traded companies by the first half of 2028. One company will focus on healthcare solutions, including Aetna and CVS Caremark, while the other will be a retail pharmacy company with CVS pharmacies and MinuteClinic. The split aims to enhance focus, innovation, and value for stakeholders, with both companies expected to maintain strong financial profiles and investment-grade ratings. Shareholders will own shares in both companies, and the separation is intended to be tax-free. CVS Health will continue current operations until the split is completed.

CVS Health trades at USD 92.35 on Pluang as of Nov 04, 2026 18:41 WIB, up 1.03% in one day. The stock holds a market cap of $116.91 billion and a dividend yield of 2.91%. Investor interest is strong, with 91% of Pluang orders to buy CVS shares. This trading activity occurs while CVS plans its split into two companies by 2028.

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