secwatch.observer — SEC 8-K summary
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Issuer:     Cencora, Inc. (COR)
CIK:        0001140859
Form:       8-K
Filed at:   2024-02-09T23:59:59+00:00
Accession:  0001104659-24-012921
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cencora repurchases $50M of stock from Walgreens Boots Alliance at market price
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- Cencora (COR) repurchased 212,395 shares from Walgreens Boots Alliance Holdings for ~$50M, at the same per-share price as WBA's Rule 144 sale of 4M shares.
- After the transactions, Walgreens owns ~26.28M shares of Cencora, representing about 13% of total outstanding shares (~199.3M).
- The repurchase was executed under Cencora's existing share repurchase program and shares will be held in treasury.
- The repurchase agreement provided for $50M or $100M buyback depending on price relative to closing price; the $50M amount indicates the sale price was above 97% of the prior close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140859/000110465924012921/0001104659-24-012921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140859/000110465924012921/tm245703d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-012921

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