Solstice settles Metropolis litigation with agreement in principle
The settlement involves investments in local programs and avoids prolonged legal costs while denying liability.
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Pure-play specialty materials company
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In short: Solstice posted strong Q2 results and raised guidance, ended its $14.5B Element merger, and launched a $500M buyback.
The settlement involves investments in local programs and avoids prolonged legal costs while denying liability.
The company also authorizes a $500 million share repurchase program and reaffirms its third quarter and full-year 2026 financial guidance.
Net sales rose 11% to $1,148 million, and the company raised its full-year guidance.
The dividend is payable on September 10, 2026 to shareowners of record as of August 27, 2026.
Residents and government officials in Metropolis, Illinois blamed illnesses and property damage on radioactive material coming from the Atomic Age facility.
Detailed price information for Solstice Advanced Materials Inc (SOLS-Q) from The Globe and Mail including charting and trades.
Solstice Advanced Materials and Element Solutions have mutually agreed to shelve their $14.5 billion...
Wall Street Zen raised shares of Solstice Advanced Mat from a "hold" rating to a "buy" rating in a report on Saturday.
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