Solventum Stock Exchange New York
April 14, 2024
3M,

3M Health Care is now Solventum

The day finally came! On April 1st 2024, the brand-new Health Care company, Solventum completed its spin off from 3M and started being traded on the New York Stock Exchange under the ticker symbol “SOLV”.

By pioneering game-changing innovations at the intersection of health, material and data science, Solventum is advancing solutions that change patients’ lives for the better — while enabling healthcare professionals to perform at their best.

“Today Solventum marks our first day as a publicly traded company and dedicated global healthcare leader,” said Bryan Hanson, chief executive officer, Solventum. “We’re a new company with a long legacy of creating breakthrough solutions that solve our customers’ toughest challenges. Solventum colleagues worldwide are united in our mission to enable better, smarter, safer healthcare to improve lives.”

The Solventum business had sales of $8.2 billion in 2023 while part of 3M and is made up of 22,000 employees led by Bryan Hanson as chief executive officer, Wayde McMillan as chief financial officer and Carrie Cox as board chair.
“Solventum is now better positioned to create long-term value for shareholders through a greater focus on our core business, an enhanced ability to execute on industry-specific growth and market strategies and tailored capital allocation strategies,” said Hanson.

The official ceremony took place on April 3 at the New York Stock Exchange. This celebration was followed and celebrated live in all Solventum locations around the globe.

Employees came together in solidarity, wearing the company’s new colours, celebrating, and watching the live stream of the NYSE listing day celebration.
Check now some impressions from that important and once in a lifetime moment.
 


 

 

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