Medtronic plc, IE00BTN1Y115

Medtronic plc stock at USD 88.64 on September 25, 2026

Published on 09/28/2026 at 08:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Medtronic plc was last quoted at USD 88.64 on September 25, 2026, up 0.15 percent. The company launched an exchange offer tied to its MiniMed separation.

Reinraumfertigung mit Technikern bei Montage medizintechnischer Präzisionsinstrumente
Medtronic plc (ISIN IE00BTN1Y115) Reinraum-Fertigung zeigt Techniker bei der Montage medizinischer Präzisionsinstrumente sorgfältig, Illustration mit AI erstellt.

Medtronic plc stock was last quoted at USD 88.64 on the New York Stock Exchange on September 25, 2026, up 0.15 percent from the previous close. The quote timestamp was 8:00 p.m. UTC. The company developments below are dated separately.

NYSE trading reference

The latest evidenced session places Medtronic's ordinary share at USD 88.64. The quote refers to Medtronic plc's primary NYSE listing under the ticker MDT.

MiniMed separation advances

In a September 14, 2026 release, Medtronic said it had commenced an exchange offer to split off at least 80.1 percent of MiniMed Group shares. Medtronic shareholders can exchange Medtronic ordinary shares for MiniMed common stock, subject to the offer's terms.

Offer terms and fiscal update

The exchange offer provides for a 7 percent discount, subject to an upper limit of 4.5939 MiniMed shares per Medtronic ordinary share accepted. If it is not extended or terminated, the offer is scheduled to expire on October 9, 2026, with the final exchange ratio to be announced on the preceding trading day, according to the company's release.

Separately, Medtronic's September 1 release reported fiscal 2027 first-quarter revenue of USD 9.756 billion for the three months ended July 31, 2026. GAAP diluted EPS was USD 1.14, and Medtronic raised its fiscal 2027 organic revenue growth guidance to 7.25 percent to 7.75 percent.

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