Veralto's Share Buyback and In-Situ Acquisition to Bolster Growth and Capital Allocation Approach

Veralto Corporation has announced a $750 million share repurchase program and plans to acquire In-Situ, an environmental water measurement specialist, for $422 million. The combination of a substantial buyback plan and acquisition aims to strengthen Veralto's capital allocation approach and expand its presence in high-growth water analytics markets. The company's mid-single digit raise to full-year core sales growth guidance stands out, but the biggest risk remains prolonged weakness in China's Water Quality segment.