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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (77315)	3/27/2025 10:53:48 AM
From: E_K_S	Read Replies (1) of 78802

RE: Organon & Co. (OGN) Probably still too much debt but I started accumulating SOLV on their spin off in 4/2024 and have a running CAGR of + 32.11% based on my avg cost of $56.77/share. Maybe you can do something similar w/ OGN but try to accumulated at 5%-10% lower prices and see if you can average in at/near $11.50/share. Solventum Corporation (SOLV) 74.95 +0.71 (+0.96%) was a spin off from MMM here's a breakdown of the Solventum (SOLV) spin-off from 3M (MMM): Spin-off: Solventum was spun off from 3M. The spin-off became effective on April 1, 2024. 3M shareholders received 1 share of SOLV for every 4 shares of MMM they owned. Price: According to the information found, the price per share used for cost basis calculations was $69.125. This was the average of SOLV's opening and closing prices on April 1, 2024. Key Points: The spin-off was structured to be a tax-free event for 3M shareholders. 3M retains a 19.9% stake in Solventum. Solventum began trading on the New York Stock Exchange (NYSE) under the ticker symbol SOLV.

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