Zimmer Biomet increases FY2026 share repurchase target to $1B, up $250M from prior view

ZIMMER BIOMET HOLDINGS, INC.

• Now expects to repurchase up to $1.0B of common stock in FY2026, a $250M increase from prior assumption.
• Repurchases will be made under existing $1.5B authorization approved by Board in February 2026.
• No changes to size, duration or terms of the authorization.
• May conduct open-market purchases or structured agreements; timing depends on market conditions, stock price, and capital availability.

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