Zimmer Biomet (ZBH) PT Lowered to $128 at Truist Securities

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Go back to Zimmer Biomet (ZBH) PT Lowered to $128 at Truist Securities

ZimVie Hosts Inaugural Investor Day; Provides 2022 Financial Outlook

February 7, 2022 9:15 AM EST

WARSAW, Ind. and WESTMINSTER, Colo., Feb. 7, 2022 /PRNewswire/ -- ZimVie, the intended standalone, publicly traded entity to be spun off from Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), will host its inaugural Investor Day today, February 7, 2022, from 11:00 a.m. to approximately 2:00 p.m. Eastern Time. Investors can access the webcast here or by visiting Zimmer Biomet's Investor Relations website at... More

Zimmer Biomet Announces Expected Completion Date of March 1, 2022 for Spinoff of ZimVie

February 7, 2022 6:31 AM EST

WARSAW, Ind., Feb. 7, 2022 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today announced that its Board of Directors has declared a pro rata dividend of 80.3% of the outstanding common stock of ZimVie Inc. ("ZimVie") to Zimmer Biomet shareholders of record as of the close of business on February 15, 2022 (the "Record Date").  The dividend is payable at 12:01 a.m. ET on March 1, 2022 (the "Distribution Date").  As a result of the dividend, Zimmer Biomet shareholders will receive one share of ZimVie common stock for every ten shares of Zimmer Biomet... More