Solstice Advanced Materials is trading 9.1% up at €52.62 after announcing on August 27, 2026, that it mutually terminated its planned $14.5 billion acquisition of Element Solutions.

  • Neither company owes termination fees.
  • The board authorized a share-repurchase program of up to $500 million, providing a direct shareholder-return catalyst.
  • The broader market was flat-to-mixed, making the company-specific announcements the clearest explanation for the sharp move.