Siemens to transfer third of Healthineers holding to shareholders

Siemens AG on Wednesday said it plans to transfer 30% of its holding in Siemens Healthineers AG to shareholders, a move which allows "greater capital allocation flexibility."

Shares in Munich-based industrial conglomerate Siemens closed up 1.2% at EUR250.40 in Frankfurt on Wednesday. Erlangen, Germany-based medical technology firms Siemens Healthineers closed up 0.9% at EUR44.82.

Healthineers spun-off from Siemens in 2017. The company held a 67% stake in Healthineers prior to today's announcement.

The move makes Siemens a more focused technology company, it said in a statement, "driving stronger customer focus, faster innovation, and accelerated profitable growth."

Healthineers will benefit from a significantly higher free float, "and therefore greater attractiveness for the capital market as a leading pure-play MedTech champion," the company said.

In the medium term Siemens said it plans to reduce its shareholding to a financial asset.

"Today marks the beginning of the next stage of growth for Siemens," said Siemens Chief Executive Officer Roland Busch.

"By giving up the controlling majority in Siemens Healthineers, we are focusing on a highly synergistic Siemens portfolio. This is a logical next step in executing our strategy of combining the real and the digital worlds, focusing on accelerated profitable growth of our digital businesses, connected and software defined hardware and industrial AI," Busch added.

The company will maintain its progressive dividend policy following the transfer.

The transaction is subject to regulatory and shareholder approval. Siemens intends to provide further details early in the second quarter of 2026.

Siemens will present a trading update at an event on Thursday.