Zimmer Biomet Boosts Buyback Guidance by $250 Million

Dow Jones
May 12
 

By Nicholas G. Miller

 

Zimmer Biomet now expects to buy back up to $1 billion of its stock during the fiscal year, up $250 million from its previous expectation.

The buybacks will be made under the company's $1.5 billion share repurchase authorization, which it hasn't modified.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

May 12, 2026 07:40 ET (11:40 GMT)

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