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 ·  2024/06/27 12:41

Moomoo AI 已提取核心信息

Chewy has entered into an agreement to repurchase 17.55 million shares of Class A common stock from BC Partners-affiliated Buddy Chester Sub LLC for $500 million. The transaction, priced at $28.49 per share representing a 5% discount to the previous closing price, is expected to close by June 27, 2024. The repurchased shares will be cancelled and retired upon completion.The repurchase was approved by a special committee of independent directors and will be executed separately from Chewy's existing $500 million share repurchase program announced on May 24, 2024. Following the transaction, Chewy's total outstanding shares will decrease from approximately 436 million to 418 million shares.The company views this repurchase as an accretive use of capital, citing increasing profitability and free cash flow generation. Chewy plans to continue assessing options for opportunistic cash returns to shareholders, demonstrating confidence in its growth and margin expansion strategy.
Chewy has entered into an agreement to repurchase 17.55 million shares of Class A common stock from BC Partners-affiliated Buddy Chester Sub LLC for $500 million. The transaction, priced at $28.49 per share representing a 5% discount to the previous closing price, is expected to close by June 27, 2024. The repurchased shares will be cancelled and retired upon completion.The repurchase was approved by a special committee of independent directors and will be executed separately from Chewy's existing $500 million share repurchase program announced on May 24, 2024. Following the transaction, Chewy's total outstanding shares will decrease from approximately 436 million to 418 million shares.The company views this repurchase as an accretive use of capital, citing increasing profitability and free cash flow generation. Chewy plans to continue assessing options for opportunistic cash returns to shareholders, demonstrating confidence in its growth and margin expansion strategy.
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
    相关股票 相关股票
    代码 迷你走势 最新价
    东方文化
    OCG
    -- 2.6000
    Newegg Commerce
    NEGG
    -- 0.278
    QVC Group
    QVCGB
    -- 7.300
    Liquidity Services
    LQDT
    -- 31.390
    eBay
    EBAY
    -- 67.160
    解锁完整榜单
    重估中国资产
    继中国开创性的DeepSeek技术推出之后， 华尔街大行重估对中国市场的投资前景。
    热门讨论
    FOMC维持利率但不确定性高企：美股后市走向如何？
    🎙️讨论 1. 美联储强调政策路径存在“高度不确定性”，你更关注利率预期变化还是经济数据对市场的短期影响？ 2. 若核心通胀维持高位，哪类板块更具交易机会——防御型股票还是科技成长股？ 展开
    联邦公开市场委员会新闻发布会，2025年3月19日