Medtronic completes MiniMed separation as Medtronic stock trades at EUR 85.33
Published on 10/25/2026 at 17:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSeparation and exchange details
- Medtronic completed the MiniMed separation on October 15, 2026.
- Medtronic stock traded at EUR 85.33 at 5:03 p.m. CET on October 25, 2026.
- Medtronic exchanged 252,813,348 MiniMed shares for 55,032,401 Medtronic ordinary shares on October 14, 2026.
Medtronic plc completed the separation of MiniMed Group, Inc. on October 15, 2026, according to the company’s press release. Medtronic stock traded at EUR 85.33 in weekend trading at Lang & Schwarz at 5:03 p.m. CET on October 25, 2026.
Weekend trading
Lang & Schwarz reported a bid of EUR 85.16 and an ask of EUR 85.50 at the quoted time. The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Medtronic stock.
Market context: Market report S&P 500.
MiniMed exchange results
In a separate October 14 release, Medtronic said its exchange offer was oversubscribed. The company elected to exchange its remaining interest in MiniMed, totaling 252,813,348 shares, for 55,032,401 Medtronic ordinary shares. The final proration factor was 18.289133 percent, and 55,032,401 tendered Medtronic shares were accepted.
Separation details
Medtronic said the separation leaves MiniMed as an independent publicly traded company. The company stated that its strategic focus is on its Cardiovascular, Neuroscience and Surgical portfolios.
