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AMERISOURCEBERGEN CORP - ABC STOCK NEWS

Welcome to our dedicated page for AMERISOURCEBERGEN news (Ticker: abc), a resource for investors and traders seeking the latest updates and insights on AMERISOURCEBERGEN stock.

Cencora, Inc. (NYSE: COR) is a global pharmaceutical solutions leader driving innovation across healthcare supply chains. This page provides investors and industry professionals with essential updates on Cencora's strategic initiatives, financial developments, and operational milestones.

Access real-time press releases and analysis covering Cencora's pharmaceutical services, including distribution network expansions, biopharma partnerships, and regulatory advancements. Track key developments such as acquisitions in specialty healthcare, global commercialization efforts, and social responsibility programs through the Cencora Impact Foundation.

Stay informed about critical updates including earnings reports, supply chain innovations, and strategic investments like the OneOncology and PharmaLex acquisitions. Our curated news collection ensures you never miss developments impacting Cencora's position as a Fortune 500 healthcare leader operating in 50+ countries.

Bookmark this page for streamlined access to verified updates about Cencora's pharmaceutical distribution services, venture capital activities through Cencora Ventures, and initiatives advancing global healthcare access. Check regularly for authoritative insights into this NYSE-listed industry pioneer.

Rhea-AI Summary
Cencora, Inc. (NYSE: COR) plans to release Q4 2023 results on November 2, 2023, before the opening of trading on NYSE. Conference call to discuss results at 8:30 a.m. ET. Webcast available on investor.cencora.com. Replays available via telephone and webcast.
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Cencora, Inc. completes name and stock ticker change, announces $5 million commitment to philanthropy
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AmerisourceBergen Corporation (NYSE: ABC) announces election of Werner Baumann and Lauren M. Tyler as new independent directors, increasing the Board of Directors to twelve members, ten of whom are independent. Mr. Baumann, former Chairman and CEO of Bayer AG, and Ms. Tyler, currently Executive Vice President of J.P. Morgan Asset and Wealth Management, bring extensive experience in multinational companies and finance to oversee long-term sustainable growth at AmerisourceBergen.
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Walgreens Boots Alliance (WBA) Announces Sale of AmerisourceBergen (ABC) Shares and Concurrent Share Repurchase, Generating $1.6 Billion in Current Proceeds. The sale was executed through prepaid variable share forward transactions, providing liquidity while maintaining the ability to participate in potential stock price appreciation. The proceeds will be used for debt paydown and general corporate purposes.
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AmerisourceBergen Corporation (NYSE: ABC) has announced a registered public offering of 10.5 million shares of common stock in connection with Walgreens Boots Alliance Holdings LLC. The offering will be conducted through Goldman Sachs & Co. LLC. The Company will not receive any proceeds from the sale of shares, and the underwriter may offer the shares in various transactions. The offering is expected to close on or about August 8, 2023.
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AmerisourceBergen Corporation reports an 11.5% increase in revenue to $66.9 billion for the third quarter of fiscal year 2023. GAAP diluted EPS is $2.35, while adjusted diluted EPS is $2.92. The company raises its adjusted diluted EPS guidance range to $11.85 to $11.95 for fiscal 2023. AmerisourceBergen will change its name to Cencora and trade under the ticker symbol 'COR' starting August 30, 2023.
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Walgreens Boots Alliance has sold shares of AmerisourceBergen Corporation for $644 million through variable prepaid forward transactions. They have also entered into a share repurchase agreement with AmerisourceBergen for $50 million. The proceeds will be used for debt paydown and general corporate purposes. The sale has no impact on the long-term partnership between the two companies.
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AMERISOURCEBERGEN CORP

NYSE:ABC

ABC Rankings

ABC Stock Data

36.15B
215.85M
16.68%
78.92%
3.5%
Medical Distribution
Healthcare
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United States
Conshohocken