ScottsMiracle-Gro redeems $250M in notes, begins share buybacks

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Go back to ScottsMiracle-Gro redeems $250M in notes, begins share buybacks

ScottsMiracle-Gro Announces Execution of Key Capital Allocation Initiatives

September 15, 2026 6:55 AM EDT

Achieves free cash flow target of $275 million and reaffirms full Fiscal 2026 guidance

MARYSVILLE, Ohio, Sept. 15, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, today announced the successful execution of key elements of its capital allocation strategy and reaffirmed confidence in achieving its Fiscal 2026 guidance.

The recent actions demonstrate continued execution of the Companys disciplined capital allocation strategy. Among the completed actions:

Senior Notes Redemption: The Company redeemed all $250 million aggregate... More