Amerisourcebergen provides update on capital deployment

Conshohocken, pa.--(business wire)--amerisourcebergen corporation (nyse: abc) today announced that it is resuming share repurchases with excess free cash flow in accordance with the company's disciplined approach to capital allocation. the company remains fully committed to maintaining its investment grade credit ratings, which involves paying down $2 billion in debt within two years of the june 2021 acquisition of alliance healthcare. as noted during its most recent earnings call, the company
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