Cost Plan Adopted

Solstice moves quickly to defuse Starboard's campaign by announcing a credible cost-reduction program close to the activist's $100 million target. This is the most likely path because management has already lost credibility after the failed $14.5 billion Element Solutions transaction and may prefer compromise over a proxy fight.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.