Cencora Chairman Opens Wallet with Two Large Share Buybacks

D. Mark Durcan, a director and chairman of the board at Cencora, Inc. (ticker: COR), purchased a total of 8,000 shares in the open market—4,000 shares on May 28 and another 4,000 on June 18—investing roughly $2 million (about KRW 3 billion) in new equity. Following these transactions, Durcan’s direct stake rose to approximately 31,767 shares. In the same period, the company announced a change in its human resources leadership, appointing former Verizon executive Samantha Hammock as its new Chief Human Resources Officer, effective July 13.

Recently, Cencora raised its fiscal 2026 earnings outlook and approved an additional $2 billion (roughly KRW 2 trillion) share repurchase program, reinforcing its shareholder‐return policy. The company also reshaped its finance leadership by naming Eva Boratto as Chief Financial Officer, effective June 29. (mychesco.com)

Formerly known as AmerisourceBergen, Cencora is a major U.S. pharmaceutical wholesaler and distributor with a global healthcare supply chain—primarily in North America and the U.K.—generating annual revenues in the hundreds of trillions of Korean won. (en.wikipedia.org) Durcan, who has served as Cencora’s board chair since October 2025, is the former CEO of memory-semiconductor maker Micron Technology and brings executive experience from both the technology and healthcare sectors. (en.wikipedia.org)