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Stock impact report

Becton Dickinson Reshapes Portfolio With Waters Deal And Recycling Progress [Yahoo! Finance]

Becton, Dickinson and Company (BDX) 
Last becton, dickinson and company earnings: 2/6 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.bd.com
Company Research Source: Yahoo! Finance
Becton Dickinson (NYSE:BDX) is spinning off its Biosciences & Diagnostic Solutions business, which will combine with Waters Corporation after shareholder and regulatory approvals. The transaction will give existing BD shareholders a significant stake in the new entity, reshaping the company's overall business mix. BD has also completed a pilot project to recycle medical polystyrene Petri dishes into new manufacturing feedstock, targeting greater circularity in healthcare plastics. Becton Dickinson, trading at around $201.09, is making these moves while its long term share performance has been mixed, with a 3.2% gain year to date but declines of 17.3% over 1 year and 14.6% over 3 years. The combination of a portfolio reshuffle and a push into recycling could be important for how investors evaluate the company's risk profile and focus areas. For shareholders or potential investors, the spin off means economic exposure could eventually be divided between BD's remaining operation Show less Read more
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