AmerisourceBergen Corporation (ABC) announced a registered public offering of 10.5M shares of common stock of the company in connection with Walgreens Boots Alliance Holdings (WBA) entering into prepaid variable share forward transactions relating to the company’s common stock with certain counterparties. Goldman Sachs & Co. is acting as the sole underwriter for the offering. The offering is expected to close on or about August 8, 2023, subject to customary closing conditions.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ABC:
- AmerisourceBergen raises FY23 adj EPS view to $11.85-$11.95 from $11.70-$11.90
- AmerisourceBergen reports Q3 adjusted EPS $2.92, consensus $2.82
- ABC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- AmerisourceBergen price target raised to $212 from $200 at BofA
- AmerisourceBergen price target raised to $192 from $174 at Mizuho