AI English summary of an SEC filing — figures as filed
Cencora CORCencora entered into an agreement with Walgreens Boots Alliance Holdings LLC on May 22, 2024 to repurchase 1,859,390 common shares directly from it at $215.1244 per share, and the repurchase was completed on May 24, 2024.
Key points
AI summaryCencora entered into an agreement with Walgreens Boots Alliance Holdings LLC on May 22, 2024 to repurchase 1,859,390 common shares directly from it at $215.1244 per share, and the repurchase was completed on May 24, 2024.
The company said the aggregate price it paid for the repurchase was approximately $400 million. It said the repurchase was made under its share repurchase programs and the repurchased shares will be held in treasury.
The company said that after the repurchase, Walgreens Boots Alliance Holdings LLC holds 24,418,171 common shares, equal to approximately 12% of the 196,928,527 total outstanding shares.
The company said it is raising its adjusted diluted earnings per share guidance for fiscal 2024 to $13.35 to $13.55 from the prior range of $13.30 to $13.50. It also said it will complete about $550 million in share repurchases in May.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Cencora to Repurchase 1,859,390 Shares from Walgreens Boots Alliance Holdings LLC
Cencora entered into an agreement with Walgreens Boots Alliance Holdings LLC on May 22, 2024 to repurchase 1,859,390 common shares directly from it at $215.1244 per share, and the repurchase was completed on May 24, 2024.
Source · Based on the filing body and exhibits
Total Repurchase Price of About $400 million, Held in Treasury
The company said the aggregate price it paid for the repurchase was approximately $400 million. It said the repurchase was made under its share repurchase programs and the repurchased shares will be held in treasury.
Source · Based on the filing body and exhibits
Walgreens Boots Alliance Holdings LLC Stake About 12% After Repurchase
The company said that after the repurchase, Walgreens Boots Alliance Holdings LLC holds 24,418,171 common shares, equal to approximately 12% of the 196,928,527 total outstanding shares.
Source · Based on the filing body and exhibits
Annual Adjusted Diluted EPS Guidance $13.35 to $13.55
The company said it is raising its adjusted diluted earnings per share guidance for fiscal 2024 to $13.35 to $13.55 from the prior range of $13.30 to $13.50. It also said it will complete about $550 million in share repurchases in May.
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.
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