ABC repurchases $500M of stock from Walgreens at $154.60/share

Cencora, Inc.

Repurchased 3,234,153 shares from Walgreens Boots Alliance Holdings at $154.60/share for $500M.
Walgreens also sold 10M shares in a secondary public offering; ABC received no proceeds.
Repurchase was funded from balance sheet cash and shares will be held in treasury.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Cencora, Inc. entered into Share Repurchase Agreement with Walgreens Boots Alliance Holdings LLC valued at $500,000,053.80 (effective 2022-11-06).

Action: entry
Agreement: equity purchase
Counterparty: Walgreens Boots Alliance Holdings LLC
Value: $500,000,053.80
Effective: 2022-11-06

Exact text from the filing

On November 6, 2022, AmerisourceBergen Corporation (the “Company”) entered into a share repurchase agreement (the “Share Repurchase Agreement”) with Walgreens Boots Alliance Holdings LLC (the “Selling Stockholder”), pursuant to which the Company agreed to repurchase, directly from the Selling Stockholder, 3,234,153 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”).

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Cencora, Inc. entered into Underwriting Agreement with Walgreens Boots Alliance Holdings LLC and Morgan Stanley & Co. LLC (effective 2022-11-07).

Action: entry
Agreement: underwriting
Counterparty: Walgreens Boots Alliance Holdings LLC and Morgan Stanley & Co. LLC
Effective: 2022-11-07

Exact text from the filing

In connection with the Secondary Offering, on November 7, 2022, the Company entered into an underwriting agreement (the “Underwriting Agreement”) with the Selling Stockholder and Morgan Stanley & Co. LLC (the “Underwriter”).

View on SEC.gov

283 material agreements filed in the last 30 days. Browse all material agreements →

Cencora, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-117259

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.