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Zimmer Biomet raises 2026 share buyback plan to $1 billion from $750 million

Company Fundamentals
12 May 2026
PRNewsWire
View Source
Bullish
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Zimmer Biomet Holdings announced it plans to repurchase up to $1 billion of its common stock in fiscal year 2026, increasing its previous target by $250 million. The buybacks will be executed under the existing $1.5 billion authorization approved in February 2026. This move reflects the company's confidence in its capital position and aims to enhance shareholder value. The timing and amount of repurchases will depend on market conditions and other financial considerations.

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