CENTENE CORPORATION RECOMMENDS STOCKHOLDERS REJECT "MINI-TENDER" OFFER FROM TRC CAPITAL INVESTMENT CORPORATION
Centene Corporation (NYSE: CNC) has issued a warning to stockholders regarding an unsolicited "mini-tender" offer from TRC Capital Investment Corporation. TRC is offering to purchase up to 4 million shares at $24.75 per share, below the current market price, with the offer expiring on September 4th, 2025.
The company strongly recommends shareholders reject this offer and emphasizes that it has no affiliation with TRC. The SEC has issued warnings about mini-tender offers (less than 5% of outstanding shares) as they often aim to acquire shares below market value.
Centene Corporation (NYSE: CNC) ha avvertito gli azionisti di un'offerta non sollecitata di tipo "mini-tender" proveniente da TRC Capital Investment Corporation. TRC offre di acquistare fino a 4 milioni di azioni a $24,75 per azione, al di sotto del prezzo di mercato corrente; l'offerta scade il 4 settembre 2025.
La societ脿 raccomanda fortemente agli azionisti di rifiutare l'offerta e sottolinea di non avere alcuna affiliazione con TRC. La SEC ha emesso avvisi sulle "mini-tender" (meno del 5% delle azioni in circolazione) poich茅 spesso mirano ad acquisire azioni a un prezzo inferiore a quello di mercato.
Centene Corporation (NYSE: CNC) ha advertido a los accionistas sobre una oferta no solicitada tipo "mini-tender" de TRC Capital Investment Corporation. TRC ofrece comprar hasta 4 millones de acciones a $24.75 por acci贸n, por debajo del precio de mercado actual; la oferta vence el 4 de septiembre de 2025.
La compa帽铆a recomienda encarecidamente a los accionistas rechazar esta oferta y enfatiza que no tiene ninguna afiliaci贸n con TRC. La SEC ha emitido advertencias sobre las "mini-tender" (menos del 5% de las acciones en circulaci贸n) porque a menudo buscan adquirir acciones por debajo del valor de mercado.
Centene Corporation (NYSE: CNC)電� TRC Capital Investment Corporation鞚� 牍勱车鞁濎爜鞚� "氙鸽媹-韰愲崝" 鞝滌晥鞐� 雽�頃� 欤检＜霌れ棎瓴� 瓴疥碃頄堨姷雼堧嫟. TRC電� 順勳灛 鞁滌灔 臧�瓴╇炒雼� 雮潃 欤茧嫻 $24.75鞐� 斓滊寑 400毵� 欤�毳� 毵れ垬頃橁矤雼り碃 鞝滌晥頄堨溂氅�, 頃措嫻 鞝滌晥鞚� 2025雲� 9鞗� 4鞚�鞐� 毵岆霅╇媹雼�.
須岇偓電� 欤检＜霌れ棎瓴� 鞚� 鞝滌晥鞚� 臧曤牓頌� 瓯半秬頃� 瓴冹潉 甓岅碃頃橂┌ TRC鞕� 鞎勲霟� 鞝滍湸 甏�瓿勱皜 鞐嗢潓鞚� 臧曥“頃╇媹雼�. SEC電� 氙戈车臧� 鞖旍箔鞙茧 鞚措（鞏挫電� "氙鸽媹-韰愲崝(鞙犿喌 欤检嫕鞚� 5% 氙鸽)"鞐� 雽�頃� 鞁滌灔 臧�旃橂炒雼� 雮潃 臧�瓴╈溂搿� 欤检嫕鞚� 旆摑頃橂牑電� 瓴届毎臧� 毵庫晞 瓴疥碃毳� 氚滊牴頃挫檾鞀惦媹雼�.
Centene Corporation (NYSE: CNC) a averti les actionnaires d'une offre non sollicit茅e de type 芦 mini-tender 禄 de la part de TRC Capital Investment Corporation. TRC propose d'acheter jusqu'脿 4 millions d'actions 脿 24,75 $ par action, en dessous du cours actuel du march茅 ; l'offre expire le 4 septembre 2025.
La soci茅t茅 recommande vivement aux actionnaires de rejeter cette offre et souligne qu'elle n'a aucun lien avec TRC. La SEC a 茅mis des avertissements concernant les "mini-tender" (moins de 5 % des actions en circulation), car ils visent souvent 脿 acqu茅rir des actions 脿 un prix inf茅rieur 脿 la valeur du march茅.
Centene Corporation (NYSE: CNC) hat Aktion盲re vor einem nicht angeforderten "Mini-Tender"-Angebot der TRC Capital Investment Corporation gewarnt. TRC bietet an, bis zu 4 Millionen Aktien zu $24,75 pro Aktie zu kaufen, unter dem aktuellen Marktpreis; das Angebot l盲uft am 4. September 2025 ab.
Das Unternehmen empfiehlt den Aktion盲ren nachdr眉cklich, dieses Angebot abzulehnen, und betont, dass es keine Verbindung zu TRC hat. Die SEC hat vor "Mini-Tendern" (weniger als 5 % der ausstehenden Aktien) gewarnt, da diese h盲ufig darauf abzielen, Aktien unter Marktwert zu erwerben.
- None.
- Unsolicited mini-tender offer from TRC Capital attempts to purchase shares below market value
- Potential risk for uninformed shareholders who might sell below market price
Centene recommends stockholders reject TRC's offer and urges investors to assess the current market price of their shares as well as consult with their financial advisors.
Through a notice on its , the
Should investors have already tendered their shares, they may withdraw them by providing the written notice described in TRC's offering documents prior to the offer's expiration.聽
Centene requests that a copy of this news release be included with all distributions of materials related to TRC's offer for shares of Centene's common stock.
About Centene Corporation
Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach 鈥� with local brands and local teams 鈥� to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals.聽Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the聽Health Insurance Marketplace.
Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, .
View original content:
SOURCE Centene Corporation
FAQ
What is TRC Capital's mini-tender offer price for Centene (CNC) stock?
When does TRC Capital's mini-tender offer for Centene (CNC) expire?
How many Centene (CNC) shares is TRC Capital attempting to purchase?
What is Centene's (CNC) recommendation regarding TRC Capital's mini-tender offer?
Can investors withdraw their Centene (CNC) shares if already tendered to TRC Capital?
