Update: Solstice Advanced Materials Shares Rise After Terminating Element Solutions Merger
MT newswire2026/08/28 19:24Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:24 PM EDT, 08/28/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Solstice Advanced Materials (SOLS) shares rose 12.6% on Friday, a day after the company said it and Element Solutions Inc (ESI) mutually agreed to terminate their previously announced merger agreement, with neither party required to pay a termination fee. The company also authorized a $500 million share repurchase program and affirmed its previously announced Q3 and full-year 2026 guidance. Price: 34.74, Change: -1.79, Percent Change: -4.89
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