Premier (PINC) Enters Into $200 Million Accelerated Share Repurchase Program
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Premier, Inc. Enters Into $200 Million Accelerated Share Repurchase Program
February 18, 2025 8:00 AM ESTCHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that it has entered into accelerated share repurchase agreements with JPMorgan Chase Bank, National Association (JPMorgan) to repurchase an aggregate of $200 million of shares of its Class A common stock (the ASR program). The ASR program was authorized under the Companys $1.0 billion share repurchase authorization approved by the Companys Board of Directors (the Board) in February 2024 (the Share Repurchase Authorization).
Under the terms of the ASR program, the Company will make a payment of $200 million... More
