share_log

Chewy | 8-K: Chewy Announces $500 Million Repurchase of Shares from Bc Partners

Chewy | 8-K: Chewy Announces $500 Million Repurchase of Shares from Bc Partners

Chewy | 8-K：Chewy宣布从BC Partners回购5亿美元的股份
美股SEC公告 ·  06/27 15:41

Moomoo AI 已提取核心信息

On June 26, 2024, Chewy, Inc. entered into a Stock Repurchase Agreement with Buddy Chester Sub LLC, an affiliate of BC Partners, to buy back 17,550,000 shares of its Class A common stock at $28.49 per share, totaling approximately $500 million. The repurchased shares are to be cancelled and retired post-transaction. This decision, approved by a special committee of independent and disinterested directors, is separate from Chewy's existing $500 million share repurchase program. The transaction is expected to close by June 27, 2024, and is part of Chewy's capital allocation strategy, leveraging its increasing profitability and free cash flow. Following the repurchase, Chewy's outstanding shares will reduce to approximately 418 million. The company issued a press release on the same day to announce the Board's authorization of the Stock Repurchase.
On June 26, 2024, Chewy, Inc. entered into a Stock Repurchase Agreement with Buddy Chester Sub LLC, an affiliate of BC Partners, to buy back 17,550,000 shares of its Class A common stock at $28.49 per share, totaling approximately $500 million. The repurchased shares are to be cancelled and retired post-transaction. This decision, approved by a special committee of independent and disinterested directors, is separate from Chewy's existing $500 million share repurchase program. The transaction is expected to close by June 27, 2024, and is part of Chewy's capital allocation strategy, leveraging its increasing profitability and free cash flow. Following the repurchase, Chewy's outstanding shares will reduce to approximately 418 million. The company issued a press release on the same day to announce the Board's authorization of the Stock Repurchase.
2024年6月26日，Chewy与BC Partners附属公司Buddy Chester Sub LLC签署了股份回购协议，以每股28.49美元的价格回购其17,550,000股A类普通股，总价值约5亿美元。回购的股票将在交易后撤销和注销。这个决定由独立和无利益关系的董事特别委员会批准，与Chewy现有的5亿美元股票回购计划分开。交易将预计于2024年6月27日前完成，是Chewy资本配置策略的一部分，利用其日益增长的盈利和自由现金流。回购后，Chewy的流通股数量将减少到约4.18亿。当天，该公司发布了新闻稿宣布董事会授权股份回购。
2024年6月26日，Chewy与BC Partners附属公司Buddy Chester Sub LLC签署了股份回购协议，以每股28.49美元的价格回购其17,550,000股A类普通股，总价值约5亿美元。回购的股票将在交易后撤销和注销。这个决定由独立和无利益关系的董事特别委员会批准，与Chewy现有的5亿美元股票回购计划分开。交易将预计于2024年6月27日前完成，是Chewy资本配置策略的一部分，利用其日益增长的盈利和自由现金流。回购后，Chewy的流通股数量将减少到约4.18亿。当天，该公司发布了新闻稿宣布董事会授权股份回购。
有用
没用

该公告为独立文件：

独立文件1  查看翻译

独立文件2  查看翻译

独立文件3  查看翻译

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    热议
    美股
    股票代码最新价涨跌幅

    暂无数据

    资讯热榜
    更新时间