Walgreens Boots Alliance Sells Shares of Cencora For $992 Million of Proceeds
CORCencora(COR) Businesswire·2024-02-08 07:16

DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that it has sold shares of Cencora, Inc. (NYSE: COR) common stock pursuant to Rule 144 for proceeds of approximately 942millionand,subjecttothecompletionoftheRule144sale,aconcurrentsharerepurchasebyCencoraintheamountofapproximately942 million and, subject to the completion of the Rule 144 sale, a concurrent share repurchase by Cencora in the amount of approximately 50 million. Walgreens Boots Alliance’s ownership of Cencora’s common stock has decreased from approximately 15 percent to approximately 13 percent. Proceeds to W ...