Irenic Comments on Teleflex’s Announcement That It Is Open to Strategic Alternatives
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2:31 PM on Friday, March 27
The Associated Press
NEW YORK--(BUSINESS WIRE)--Mar 27, 2026--
Irenic Capital Management, LP, one of the largest shareholders of Teleflex Incorporated (“Teleflex” or the “Company”) (NYSE: TFX) with 2% ownership, today issued the following statement regarding the Company’s recent announcement:
“We welcome Teleflex's newfound openness to consider all strategic alternatives.
As a next step, we believe the Board of Directors should form a Strategic Review sub-committee with new independent directors, including a shareholder representative and excluding Dr. Klasko, to work with its advisors to both engage with inbound approaches and solicit outbound interest — and report back to shareholders.
While we strongly disagree with the Board's description of our conversation with Dr. Klasko, we look forward to working with the Board to take appropriate next steps to maximize value at Teleflex.”
About Irenic
Irenic Capital Management, LP is an investment management firm founded by Adam Katz and Andy Dodge. Based in New York City, Irenic works collaboratively with publicly traded companies to ensure operating activities, capital deployment and management incentives are all aligned to create value for the company and its owners. For more information about Irenic, please visit www.irenicmgmt.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20260327259138/en/
CONTACT: For Investors:
Jeff Shookus
Irenic Capital Management
For Media:
Longacre Square Partners
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES MEDICAL SUPPLIES HEALTH MEDICAL DEVICES SURGERY FINANCE ASSET MANAGEMENT
SOURCE: Irenic Capital Management, LP
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PUB: 03/27/2026 02:31 PM/DISC: 03/27/2026 02:32 PM
http://www.businesswire.com/news/home/20260327259138/en
