Teleflex Reaffirms Commitment to Value Maximization Strategies and Strong Execution Amid Divestiture and Restructuring Plans

Teleflex Incorporated reiterated its commitment to value-maximizing strategies and strong execution. The company's board of directors and management team met with Irenic Capital Management to discuss their views and underscore the commitment to shareholder value. Irenic's statement was mischaracterized, and the board has not rebuffed inbounds from potential acquirers or received proposals to acquire the Teleflex RemainCo business. Teleflex has made progress optimizing its portfolio and positioning itself for long-term value creation.