Medtronic Just Retired 55 Million Shares Without Spending Cash. Is the Stock a Buy?
Published . Updated .
Covered by 2 outlets: Yahoo Finance, The Motley Fool.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Medtronic grew revenue by 14% in the first quarter of its fiscal 2027.
Directly affected
- MDT Medtronic+5.3% 30d
Named in this report.
Indirectly affected
- XLV Health Care Select Sector SPDR
Health Care Select Sector SPDR holds the health sector that Medtronic belongs to, so it often moves with news about it.
- PHG Koninklijke Philips N.V-4.2% 10d
Koninklijke Philips N.V is a large health company like Medtronic; big names in a sector often move together.
- STE Steris+6.3% 16d
Steris is a large health company like Medtronic; big names in a sector often move together.
- SNN Smith & Nephew+0.4% 6d
Smith & Nephew is a large health company like Medtronic; big names in a sector often move together.
- ITGR Integer Holdings-0.0% 13d
Integer Holdings is a peer of Medtronic in electromedical and electrotherapeutic apparatus; rivals often move on the same news.
- TMDX TransMedics Group-23.2% 12d
TransMedics Group is a peer of Medtronic in electromedical and electrotherapeutic apparatus; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MDT | -1.83% | -1.82% | base | after close | after close | after close | after close |
| XLVNo price data for this ticker | — | — | — | — | — | — | — |
| PHGNo price data for this ticker | — | — | — | — | — | — | — |
| STENo price data for this ticker | — | — | — | — | — | — | — |
| SNNNo price data for this ticker | — | — | — | — | — | — | — |
| ITGRNo price data for this ticker | — | — | — | — | — | — | — |
| TMDXNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Medtronic Just Retired 55 Million Shares Without Spending Cash. Is the Stock a Buy? Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| MDT | three days earlier | -1.82% | final price |
| MDT | five days earlier | -1.83% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold Medtronic (MDT) (jointly held), worth $15,001 - $50,000 on 24 Aug 2026. That is 69 days before publication. Filed 1 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought Medtronic (MDT), worth $500,001 - $1,000,000 on 21 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Steris (STE) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 37 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Steris (STE), worth $15,001 - $50,000 on 15 Sep 2026. That is 47 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Steris (STE) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 51 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
25 out of 100
“Medtronic Just Retired 55 Million Shares Without Spending Cash. Is the Stock a Buy?” scores 25 out of 100. The score uses 2 sources.