Davidson has been a staple on Y&R since 1978, making him one of the longest running cast members. Many fans were none too thrilled that his character was shoved off screen last year.
No word on when his first airdate is, but fellow cast member Eric Braeden (Victor) is thrilled for his friend's return.
Check out Davidson's and Braeden's posts below:
Are you excited for Paul's return? Sound off in the comments!