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Becton Dickinson chairman, CEO Polen sells $4.25 million in stock

Becton Dickinson chairman, CEO Polen sells $4.25 million in stock

Becton Dickinson Chairman and CEO Thomas E. Polen Jr. sold 20,239 shares of company stock worth $4.25 million on November 5, 2026, as part of a pre-approved trading plan. The sale was accompanied by the exercise of 20,239 stock appreciation rights (SARs), which resulted in the acquisition of the same number of shares at an exercise price of $178.94 per share.

These transactions were facilitated by the adjustment of SAR terms due to the embecta spinoff and the combination of Becton Dickinson's Biosciences and Diagnostic Solutions businesses with Waters Corp. The company recently reported strong fiscal fourth-quarter results, with earnings per share at $4.15 and revenue of $5.3 billion, surpassing Wall Street's expectations.

Following these developments, investment firms Jefferies and Wells Fargo raised their price targets for Becton Dickinson to $242, reflecting confidence in the company's future performance.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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