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Form 8-K · Current Report · Filed 2024-12-02

CVS Health Initiates Tender Offers for Certain Notes

On December 2, 2024, CVS Health Corporation announced cash tender offers for any and all of its 4.100% Senior Notes due 2025 and for the maximum principal amount of certain other series of notes, up to a total of $2,000,000,000.

Filer
CVS Health Corporation CVS · NYSE
Filed
Accession
0001193125-24-268490
CIK
0000064803
Signal
High impactHealthcare

Details

The tender offers are intended to retire a portion of CVS Health's outstanding indebtedness and will be funded with net proceeds from the issuance of new subordinated debt securities.

Items reported

Item 8.01

Other Events

Share Repurchase Program Announced Regulatory Investigation
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$59.85

Next session

-1.1%

Since filing

+74.5%

Latest close

$104.43

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CVS reporting the same item, with the next session's move:

Exhibits (1)

About CVS Health Corporation

CVS Health Corporation is a leading health services company in the United States, offering a comprehensive range of services aimed at improving healthcare accessibility and convenience. Primarily known for its extensive network of pharmacies, CVS Health operates thousands of retail locations nationwide. These outlets provide prescription medications, over-the-counter drugs, health and wellness products, and immunization services. Beyond retail, CVS Health plays a significant role in the healthcare sector through its pharmacy benefit management division, Caremark, which administers prescription drug plans for insurers and employers. Additionally, the company owns Aetna, a major health insurance provider, aligning its services across retail, pharmacy benefits, and insurance solutions to deliver integrated healthcare experiences. With its broad reach and diverse healthcare offerings, CVS Health Corporation holds a critical place in the healthcare market, continuously working to streamline and enhance the delivery of medical services across the country.

Exchange NYSE Industry Healthcare Plans Company website ↗

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