Dentsply Sirona announces restructuring plan, expects $55M-$65M in charges

The company’s board of directors approved a restructuring plan. In connection with this plan, the company expects to incur non-recurring charges in the approximate range of $55M to $65M, the majority of which will be expensed and paid in cash in 2026 and 2027. The plan is anticipated to result in approximately $120M in annualized cost savings. The company intends to reinvest a portion of the anticipated savings in targeted return-to-growth initiatives, including investments in accelerated innovation, clinical education, and sales team education focused on connected dentistry. Scavilla continued, “Our restructuring program announced today will allow us to streamline operations, improve efficiency and support a more competitive cost structure, while our decision to eliminate the dividend will enable the redeployment of capital toward share repurchases and debt reduction. These are important steps in our roadmap to drive sustained, profitable growth and deliver meaningful long-term value for our shareholders.”