US Stock IR Daily – May 18, 2026 (3 reports)

• Boston Scientific Corporation entered into a $2 billion Accelerated Share Repurchase (ASR) agreement with JPMorgan Chase Bank, National Association on May 18, 2026.
• This ASR is part of the company’s previously announced $5 billion share repurchase authorization.
• Under the terms of the ASR, the company will pay the repurchase price and receive common stock with an aggregate value of 80% of the repurchase price, which represents approximately 30.4 million shares based on the May 15, 2026 closing price of $52.68.
• The total number of shares ultimately repurchased will be determined based on the volume-weighted average price of the company’s common stock during the ASR term, less a discount and subject to adjustments.
• The final settlement of the ASR is expected to be completed by June 30, 2026.
• Following the completion of this ASR, $3 billion will remain available under the $5 billion share repurchase authorization.

Boston Scientific’s initiation of a $2 billion ASR, as part of its larger share repurchase program, may suggest the company’s confidence in its financial position and its commitment to returning capital to shareholders. Such a move could potentially reduce the number of outstanding shares, which might lead to an increase in earnings per share. The remaining $3 billion under the authorization indicates that Boston Scientific retains significant flexibility for future capital allocation strategies.

• NextEra Energy, Inc., WG Development Corp. (a wholly owned subsidiary of NextEra Energy), CS Holdco, LLC (a wholly owned subsidiary of NextEra Energy), and Dominion Energy, Inc. entered into an Agreement and Plan of Merger.
• Under the agreement, WG Development Corp. will first merge with and into Dominion Energy, with Dominion Energy surviving as a wholly owned subsidiary of NextEra Energy.
• Immediately following, the surviving Dominion Energy will merge with and into CS Holdco, LLC, with CS Holdco, LLC surviving as a wholly owned subsidiary of NextEra Energy.
• At the effective time of the merger, each outstanding share of Dominion Energy common stock will be converted into the right to receive its pro rata share of an aggregate amount equal to $360 million in cash, without interest, and 0.8138 shares of NextEra Energy common stock.
• Shares of Dominion Energy common stock owned by NextEra Energy or Dominion Energy, or their wholly owned subsidiaries, will be canceled with no consideration delivered.

This acquisition by NextEra Energy of Dominion Energy represents a significant consolidation event within the energy sector. The transaction structure, involving both cash and stock consideration for Dominion Energy shareholders, may suggest a strategic move to integrate operations and expand NextEra Energy’s market footprint. Investors could view this as a development that potentially reshapes the competitive landscape in the utility and energy generation industries.

• On May 18, 2026, S&P Global Inc. announced the commencement of a private offering of senior notes by Mobility Global Inc.
• The offering totals $2,000,000,000 and includes senior notes due 2029, 2031, and 2036.
• Mobility Global Inc. is a recently formed holding company for S&P Global’s Mobility division.
• The notes are being offered to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S.
• S&P Global intends to separate its Mobility division from its current business through a spin-off to its shareholders.

S&P Global’s announcement regarding Mobility Global Inc.’s $2 billion private offering of senior notes marks a key development in the planned spin-off of its Mobility division. This capital raise by the newly formed entity suggests progress in establishing the financial structure for the separate Mobility business. Investors may view this as an important step towards the eventual completion of the spin-off, potentially providing the new company with the necessary capital for its standalone operations.