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Market Impact: 0.28

Cencora revises forecast for 2026, approves $2 billion share buyback

COR
Corporate Guidance & OutlookCapital Returns (Dividends / Buybacks)Corporate EarningsCompany Fundamentals

Cencora raised the lower end of its fiscal 2026 earnings forecast, citing recent share repurchases, and authorized a new $2 billion stock buyback plan. The update signals improved earnings support from capital returns and a modestly more constructive outlook. Impact is likely limited to the stock rather than the broader market.

Analysis

Cencora raised the lower end of its fiscal 2026 earnings forecast, citing recent share repurchases, and authorized a new $2 billion stock buyback plan. The update signals improved earnings support from capital returns and a modestly more constructive outlook. Impact is likely limited to the stock rather than the broader market.

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