Concentra Group Holdings Parent, Inc. entered into a stock repurchase agreement on November 6, 2026, to acquire 800,000 shares of its common stock from Robert A. Ortenzio, a member of the Board of Directors, and certain related entities. The transaction was executed at a price of $41.80 per share, resulting in a total purchase price of $33,440,000.
The purchase price reflects a 1% discount to the closing price of the Common Stock on November 6, 2026. The transaction closed on November 9, 2026, and was approved by the Audit and Compliance Committee of the Board, which is comprised solely of independent directors. The shares purchased represent approximately 0.627% of the issued and outstanding shares of Common Stock immediately prior to the transaction.
The transaction was funded through the Company's cash on hand and was made pursuant to the Company's previously announced share repurchase program. The Stockholders indicated that they are entering into the agreement to diversify their investment portfolios for financial planning purposes.
