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The latest announcement is out from Premier ( (PINC) ).
In January 2025, Premier, Inc. announced the completion of an additional $200 million repurchase of its Class A Common Stock, part of a $1.0 billion share repurchase authorization approved in February 2024. This marks a total of $600 million in repurchases to date, following a $400 million accelerated share repurchase program. This move underscores Premier’s strategic capital allocation aimed at creating value for stockholders. The company is also set to present at the J.P. Morgan Healthcare Conference on January 14, 2025, where it will discuss its growth strategies and positioning in the healthcare industry.
More about Premier
Premier, Inc. is a leading technology-driven healthcare improvement company headquartered in Charlotte, NC. It specializes in supply chain and performance services, enabling better, smarter, and faster care for its member health systems. With over 4,350 hospital members and significant revenue from group purchasing and digital supply chain services, Premier focuses on aiding healthcare systems to achieve lower inpatient mortality, better operating margins, and increased revenue in value-based care programs.
YTD Price Performance: -0.19%
Average Trading Volume: 1,013,100
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.01B
For detailed information about PINC stock, go to TipRanks’ Stock Analysis page.
