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The latest update is out from Premier ( (PINC) ).
On February 14, 2025, Premier, Inc. entered into agreements with JPMorgan Chase Bank to repurchase $200 million of its Class A common stock. This transaction is part of a $1 billion share repurchase plan approved by Premier’s Board in February 2024. The company funded the repurchase using its credit facility, with the final settlement expected by the first quarter of the 2026 fiscal year. This initiative signifies Premier’s strategic use of capital, potentially enhancing shareholder value and reflecting confidence in its market positioning.
More about Premier
Premier, Inc. (NASDAQ: PINC) is a technology-driven healthcare improvement company that collaborates with healthcare providers, suppliers, payers, and policymakers in the U.S. to enhance healthcare delivery. Based in Charlotte, N.C., Premier offers data analytics, supply chain solutions, consulting, and other services to improve community health.
YTD Price Performance: -16.85%
Average Trading Volume: 1,157,226
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.62B
Find detailed analytics on PINC stock on TipRanks’ Stock Analysis page.
