Express Scripts Announces Accelerated Share Repurchase Transaction

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Go back to Express Scripts Announces Accelerated Share Repurchase Transaction

Express Scripts (ESRX) Announces Accelerated Share Repurchase Plan

April 30, 2015 6:36 AM EDT

Overnight, Express Scripts (NASDAQ: ESRX) announced that it has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanley & Co. LLC. Under the terms of the ASR agreement the Company will receive an aggregate initial delivery of approximately 55.1 million shares of the Company's common stock in exchange for a... More