CARDINAL HEALTH INC
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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FY2024 · Filed Aug 14, 2024
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Item 5. Market for Registrant's Common Equity
Market for Registrant's Common Equity
Our common shares are listed on the New York Stock Exchange under the symbol “CAH.”
At July 31, 2024, there were approximately 6,238 shareholders of record of our common shares.
We anticipate that we will continue to pay quarterly cash dividends in the future. The payment and amount of future dividends remain, however, within the discretion of our Board of Directors and will depend upon our future earnings, financial condition, capital requirements and other factors.
Issuer Purchases of Equity Securities
| Period | Total Numberof SharesPurchased (1) | Average Price Paid per Share | Total Number of SharesPurchasedas Part of Publicly Announced Programs (2) | ApproximateDollar Value ofShares That MayYet be PurchasedUnder the Programs (2)(in millions) |
|---|---|---|---|---|
| April 2024 | 157 | $107.32 | — | $3,493 |
| May 2024 | 128 | 96.95 | — | 3,493 |
| June 2024 | 134 | 101.63 | — | 3,493 |
| Total | 419 | $102.33 | — | $3,493 |
(1)Reflects 157, 128 and 134 common shares purchased in April, May and June 2024, respectively, through a rabbi trust as investments of participants in our Deferred Compensation Plan.
(2)On June 7, 2023, our Board of Directors approved a new $3.5 billion share repurchase program which will expire on December 31, 2027. As of June 30, 2024, we had $3.5 billion authorized for share repurchases remaining under this program.
Market for Registrant's Common Equity
Five Year Performance Graph
The following line graph compares the cumulative total return of our common shares with the cumulative total return of the Standard & Poor’s Composite—500 Stock Index (the "S&P 500 Index") and the Standard & Poor's Composite—500 Healthcare Index (the "S&P 500 Healthcare Index"). The line graph assumes, in each case, an initial investment of $100 invested at the closing price on June 30, 2019, and is based on the market prices at the end of each fiscal year through and including June 30, 2024, and reinvestment of dividends. The S&P 500 Index and S&P 500 Healthcare Index investments are weighted on the basis of market capitalization at the beginning of each period.
| June 30 | ||||||
|---|---|---|---|---|---|---|
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Cardinal Health, Inc. | 100.00 | 115.20 | 130.61 | 124.15 | 230.45 | 243.26 |
| S&P 500 Index | 100.00 | 107.51 | 151.36 | 135.29 | 161.80 | 201.53 |
| S&P 500 Healthcare Index | 100.00 | 110.90 | 141.87 | 146.64 | 154.53 | 172.57 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.