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Update: Solstice Advanced Materials Shares Rise After Terminating Element Solutions Merger

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(Updates with the latest stock price movement in the headline and the first paragraph.)

Solstice Advanced Materials (SOLS) shares rose 12.6% on Friday, a day after the company said it and Element Solutions Inc (ESI) mutually agreed to terminate their previously announced merger agreement, with neither party required to pay a termination fee.

The company also authorized a $500 million share repurchase program and affirmed its previously announced Q3 and full-year 2026 guidance.

Price: $34.74, Change: $-1.79, Percent Change: -4.89%

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