COOPER COMPANIES, INC.
For the period ended Jan 31, 2026. Filed Mar 6, 2026.
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Jan 31, 2026 · Filed Mar 6, 2026
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Legal Proceedings
On March 2, 2026, the U.K. FTT issued a decision that largely supports HMRC in the Company’s dispute regarding payroll tax matters arising from the acquisition of the Sauflon Group in 2014.
The Company believes the FTT’s decision was incorrect and intends to appeal the FTT’s decision. Depending on the results of the appeal, the Company could prevail on some or all of the issues in dispute, which could result in an obligation to pay a portion or all of the assessed amounts, with an estimated loss ranging from £0 to £71.7 million, plus accrued interest.
Refer to Note 9 – Commitments and Contingencies for additional information.
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