Teleflex responds to activist investor amid $1.8 billion divestiture plan

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Teleflex Reiterates Commitment to Value Maximizing Strategies and Strong Execution

March 27, 2026 12:57 PM EDT

Previously Announced Sale Transactions on Track to Close in Second Half of 2026; Expecting $1.8 Billion of Net Proceeds for Buyback and Debt Paydown

WAYNE, Pa.--(BUSINESS WIRE)-- Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies, today issued the following statement in response to the press release issued by Irenic Capital Management L.P. (Irenic).

The Teleflex Board of Directors and management team are committed to acting in the best interests of the Company and its shareholders. Members of the Board and... More