---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-038478"
form_type: "8-K"
ticker: "UTHR"
cik: "0001082554"
company_name: "UNITED THERAPEUTICS Corp"
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:19:51.744226+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Therapeutics authorizes $1B accelerated share repurchase with Citibank

## Summary
- Board authorized up to $1B of common stock repurchase; ASR agreement signed with Citibank.
- Initial delivery of ~3,275,199 shares (80% of estimated total) on March 27, 2024.
- Final settlement to occur in Q2 ($300M) and Q3 2024 ($700M) based on VWAP.
- Company also plans $400M credit facility paydown in 2024; $100M already paid in Q1.
- CEO cites balance sheet strength and confidence in near-term prospects for buyback.

## SEC filing metadata
- accession: 0001104659-24-038478
- form_type: 8-K
- ticker: UTHR
- cik: 0001082554
- company_name: UNITED THERAPEUTICS Corp
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1082554/000110465924038478/0001104659-24-038478-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1082554/000110465924038478/tm249556d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-038478
- JSON: https://secwatch.observer/filing/0001104659-24-038478.json
- Plain text: https://secwatch.observer/filing/0001104659-24-038478.txt

## Key facts
- Material Agreements
  UNITED THERAPEUTICS Corp entered into ASR Agreement with Citibank, N.A. valued at $1.0 billion (effective 2024-03-25).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Citibank, N.A.
  - Value: $1.0 billion
  - Effective: 2024-03-25
  source text: On March 25, 2024, the Company entered into an accelerated share repurchase agreement (the ASR Agreement ) with Citibank, N.A. ( Citi ) to repurchase approximately $1 billion of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1082554/000110465924038478/0001104659-24-038478-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.