India, Feb. 6 -- Walgreens Boots Alliance Inc. (WBA) said that it has reached an agreement to settle early on certain prepaid variable share forward transactions previously arranged with multiple financial institutions, concerning shares of Cencora, Inc. (COR). As part of these agreements, the company had initially received approximately $1.1 billion in cash payments when the transactions were first made. The transactions were originally set to mature in March and June of 2026.
As part of the early settlement of the transactions prior to their scheduled maturities, Walgreens Boots Alliance will deliver to the financial institutions an aggregate of approximately 6.1 million shares of Cencora, while paying a net aggregate cash payment of app...