secwatch.observer — SEC 8-K summary
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Issuer:     Cencora, Inc. (COR)
CIK:        0001140859
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001104659-24-085811
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cencora repurchases $250M shares from Walgreens; stake reduced to 10.2%
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- Repurchased 1,039,242 shares from Walgreens Boots Alliance Holdings for ~$250M at market price.
- Repurchase price per share equal to Walgreens' concurrent Rule 144 sale of 3,398,929 shares.
- After both transactions, Walgreens holds 19,980,000 shares, ~10.2% of Cencora's outstanding.
- Repurchase funded from cash on hand; shares held in treasury under existing buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140859/000110465924085811/0001104659-24-085811-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140859/000110465924085811/tm2420823d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-085811

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