Nov 4, 6:03 AM ET
Solstice Advanced Materials reported third-quarter 2026 net sales of $1,046 million, up 8% from a year earlier, and net income attributable to the company of $80 million, compared with a loss of $35 million in the prior-year quarter. The company raised its full-year 2026 net sales and adjusted EBITDA guidance and said it returned $112 million to shareowners in the quarter, including $100 million of share repurchases.
- Q3 2026 net sales were $1,046 million, up 8% from $969 million; diluted EPS was $0.50 versus a loss of $0.22 a year earlier.
- Full-year 2026 net sales guidance was raised to $4,195 million to $4,220 million from $4,125 million to $4,185 million.
- Adjusted diluted EPS guidance was raised to $2.90 to $2.95 from $2.75 to $2.95; the company intends to substantially complete its $500 million buyback by the end of Q1 2027.
Read the filing on SEC.gov ↗
Nov 3, 4:35 PM ET
Solstice Advanced Materials said its Board declared a regular quarterly cash dividend of $0.075 per share on common stock. Shareowners of record at the close of business on November 25, 2026 will receive the payment on December 10, 2026. The filing reports a routine dividend declaration and does not include financial results or guidance.
- Quarterly dividend of $0.075 per common share, announced November 3, 2026
- Record date is November 25, 2026; payment date is December 10, 2026
- Dividend declared by the Board of Directors; terms are described in Exhibit 99.1 press release
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Aug 27, 5:18 PM ET
Solstice Advanced Materials and Element Solutions mutually terminated their July 6, 2026 merger agreement on August 27, 2026, and neither party owes the other a payment. Solstice's board also approved a share repurchase program of up to $500 million, and the company reaffirmed its 2026 guidance.
- Merger Agreement signed July 6, 2026 was terminated by mutual agreement; no termination fees are payable by either party.
- Board authorized repurchases of up to $500 million of common stock, to be funded with cash on hand and cash from operations.
- Goldman Sachs commitment letter and the Sir Martin E. Franklin voting and support agreement terminated automatically.
- Full-year 2026 guidance affirmed: net sales of $4.125 billion to $4.185 billion and adjusted EBITDA of $1.035 billion to $1.055 billion.
Read the filing on SEC.gov ↗
Jul 30, 6:02 AM ET
Solstice Advanced Materials reported second-quarter 2026 net sales of $1,148 million, up 11% from a year earlier, and net income attributable to the company of $119 million, up 23%. It raised its full-year 2026 guidance for net sales, adjusted EBITDA and adjusted diluted EPS, while adjusted EBITDA margin fell to 25.3% from 27.4%. The results and higher outlook are relevant to shareholders as the company works toward its pending acquisition of Element Solutions.
- Q2 2026 net sales of $1,148 million, up 11% from $1,033 million; net income attributable to the company of $119 million, up 23%
- Diluted EPS of $0.75 versus $0.61 a year earlier; adjusted diluted EPS of $0.88
- Full-year 2026 net sales guidance raised to $4,125-$4,185 million from $3,900-$4,100 million; adjusted diluted EPS guidance raised to $2.75-$2.95 from $2.45-$2.75
- Adjusted EBITDA margin declined to 25.3% from 27.4%, which the company attributed to plant turnaround timing and prior-year production incentive credits
Read the filing on SEC.gov ↗
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