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AI English summary of an SEC filing — figures as filed

Cencora logoCencora COR

Cencora said it entered into a Share Repurchase Agreement with Walgreens Boots Alliance Holdings LLC on February 7, 2024, under which it agreed to buy 212,395 shares of common stock directly from the selling stockholder.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Cencora said it entered into a Share Repurchase Agreement with Walgreens Boots Alliance Holdings LLC on February 7, 2024, under which it agreed to buy 212,395 shares of common stock directly from the selling stockholder.

  2. The company said the repurchase was completed on February 9, 2024 for a total payment of about $50 million, with the price per share equal to the price at which the selling stockholder sold shares in the Rule 144 Sale.

  3. The company said the repurchase was made under its existing share repurchase program and that the repurchased shares will be held as treasury stock.

  4. The company said that on February 7, 2024, the selling stockholder sold 4,000,000 shares of common stock under Rule 144, and that after the Rule 144 Sale and the repurchase, the stockholder holds 26,277,561 shares, or about 13% of the 199,269,598 shares issued and outstanding.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Repurchase of Shares from Walgreens Boots Alliance Holdings LLC

Cencora said it entered into a Share Repurchase Agreement with Walgreens Boots Alliance Holdings LLC on February 7, 2024, under which it agreed to buy 212,395 shares of common stock directly from the selling stockholder.

Source · Based on the filing body and exhibits

Repurchase Price and Completion Date

The company said the repurchase was completed on February 9, 2024 for a total payment of about $50 million, with the price per share equal to the price at which the selling stockholder sold shares in the Rule 144 Sale.

Source · Based on the filing body and exhibits

Share Repurchase Program and Treasury Stock

The company said the repurchase was made under its existing share repurchase program and that the repurchased shares will be held as treasury stock.

Source · Based on the filing body and exhibits

Rule 144 Sale and Selling Stockholder's Remaining Stake

The company said that on February 7, 2024, the selling stockholder sold 4,000,000 shares of common stock under Rule 144, and that after the Rule 144 Sale and the repurchase, the stockholder holds 26,277,561 shares, or about 13% of the 199,269,598 shares issued and outstanding.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.