---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-052879"
form_type: "8-K"
ticker: "ARDT"
cik: "0001756655"
company_name: "Ardent Health, Inc."
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:51:14.102537+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ardent Health authorizes $50M share repurchase program; $609M cash on hand

## Summary
- Board authorized up to $50M in common stock repurchases; no expiration date.
- CEO Marty Bonick cites conviction in business fundamentals and strong balance sheet.
- Q3 2025 liquidity: $609M cash, lease-adjusted net leverage of 2.5x.
- Program funded from existing cash; does not affect ability to pursue M&A or growth.

## SEC filing metadata
- accession: 0001628280-25-052879
- form_type: 8-K
- ticker: ARDT
- cik: 0001756655
- company_name: Ardent Health, Inc.
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756655/000162828025052879/0001628280-25-052879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756655/000162828025052879/ardt-20251117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-052879
- JSON: https://secwatch.observer/filing/0001628280-25-052879.json
- Plain text: https://secwatch.observer/filing/0001628280-25-052879.txt

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