CVS Health announced plans to split into two separate public companies by mid-2028, undoing its $78 billion acquisition of insurer Aetna and breaking up its integrated healthcare business. The split will separate CVS's 9,000 retail pharmacies from its insurance and pharmacy benefit manager (PBM) units, aiming to improve focus, innovation, and efficiency. CEO David Joyner highlighted the move as a strategic step to enhance consumer engagement and affordability. The insurance and PBM company will keep the CVS Health name, while the retail pharmacy business will be called CVS Pharmacy, with both companies publicly traded and shareholders owning stakes in each. This decision follows a strategic review and comes amid increased regulatory scrutiny of PBMs and vertical integration in healthcare.
CVS Health shares are trading at USD 92.35 on Pluang, showing a 1.03% gain as of Nov 04, 2026 18:41 WIB. The stock has a market cap of $116.91 billion and a dividend yield of 2.91%, with 91% of Pluang orders currently buying CVS shares.
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 Health reported a 5.4% increase in third-quarter revenues to $108.4 billion, driven by growth in its Health Services and Health Care Benefits segments. GAAP diluted EPS improved to $1.68 from a loss of $3.13 last year, while adjusted EPS rose to ...
CVS Health will divide into two separate companies, separating its retail pharmacy business from its insurance and pharmacy-benefit operations. One company will keep the CVS Health name and be led by CEO David Joyner. This move reverses CVS's previou...
CVS Health and McDonald's are set to report earnings soon, with both stocks labeled 'too cheap to ignore' by Jim Cramer despite underlying risks. CVS has shown strong earnings growth and raised its full-year guidance, but faces potential policy risks...
