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Medtronic PLC (MDT)

Medtronic PLC (New Medtronic) was formed in 2014 solely for the purpose of effecting the business combination of Medtronic and Covidien. New Medtronic will not engage in any business prior to the effective time of the business combination other than to take the steps necessary to effect the acquisition and the merger that will effect such business combination. Upon completion of the business combination, New Medtronic expects to be the successor registrant to Medtronic, thus it expects the historical consolidated financial statements of Medtronic will constitute the historical consolidated financial statements of New Medtronic.

Company Name:  Medtronic PLC
Stock buyback:  MDT buyback
Sector:  Medical Instruments & Supplies
Number of ETFs Holding MDT:  71
Total Market Value Held by ETFs:  $3.86B
Total Market Capitalization:  $111.17B
% of Market Cap. Held by ETFs:  3.47%
April 25, 2015    4:44 AM Eastern


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Buy (3.26 out of 4)
59th percentile
(ranked higher than approx. 59% of all stocks covered)
Based on Zacks ABR data;
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