Zimmer Biomet sets completion date for dental, spine spinoff
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Zimmer Biomet sets completion date for dental, spine spinoff

Zimmer Biomet sets completion date for dental, spine spinoff

“When-issued” trading of common stock for ZimVie is expected to begin Feb. 14 on the Nasdaq under the symbol ZIMVV, according to a Feb. 7 press release. Stock traded on the “when-issued” market will be distributed to holders of Zimmer Biomet common stock March 1.

Below are the results for Zimmer Biomet’s dental and spine segment for the fourth quarter:

  • Net sales were at $260.7 million.
  • There was a 4.1 percent decrease in net sales from 2020.

Below are the results from Zimmer Biomet’s dental and spine segment for the fiscal year:

  • Net sales were at $1.01 billion.
  • There was a 12.5 percent increase in net sales from 2020.
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