$SOLS (SOLSTICE ADVANCED MATERIALS) — 8-K: Solstice terminates Element merger, authorizes $500 million buyback, affirms 2026 guidance

Solstice Advanced Materials and Element Solutions mutually terminated their merger agreement with no fees payable by either party. The Board authorized a share repurchase program of up to $500 million of common stock. Solstice affirmed third quarter 2026 guidance of net sales $990–$1,030 million and full-year 2026 guidance of net sales $4,125–$4,185 million, adjusted EBITDA $1,035–$1,055 million, adjusted diluted EPS $2.75–$2.95, and capital expenditures $420–$440 million.

Solstice Advanced Materials and Element Solutions mutually terminated their merger agreement with no fees payable by either party. The Board authorized a share repurchase program of up to $500 million of common stock. Solstice affirmed third quarter 2026 guidance of net sales $990–$1,030 million and full-year 2026 guidance of net sales $4,125–$4,185 million, adjusted EBITDA $1,035–$1,055 million, adjusted diluted EPS $2.75–$2.95, and capital expenditures $420–$440 million.