Henry Schein Files 8-K with Key Business Updates
Ticker: HSIC · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1000228
| Field | Detail |
|---|---|
| Company | Henry Schein INC (HSIC) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.01, $250 million, $76.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: definitive-agreement, financial-results, corporate-governance
Related Tickers: HSIC
TL;DR
Henry Schein dropped an 8-K detailing new deals, financial results, and exec changes. Watch this space.
AI Summary
Henry Schein, Inc. filed an 8-K on January 29, 2025, reporting on several key events. These include entering into a material definitive agreement, updates on results of operations and financial condition, unregistered sales of equity securities, and changes in directors or officers, including compensatory arrangements. The filing also contains a Regulation FD disclosure and financial statements and exhibits.
Why It Matters
This 8-K filing provides crucial updates on Henry Schein's financial performance, strategic agreements, and corporate governance, which are important for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: medium — The filing covers a range of material events including financial results and definitive agreements, which can introduce volatility and require careful investor analysis.
Key Players & Entities
- Henry Schein, Inc. (company) — Registrant
- January 29, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 11-3136595 (identifier) — IRS Number
FAQ
What material definitive agreement did Henry Schein, Inc. enter into?
The filing indicates Henry Schein, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What specific information is disclosed regarding the results of operations and financial condition?
The filing states that results of operations and financial condition are being reported on, but the specific financial details are not included in the provided text.
Are there any details on the unregistered sales of equity securities?
The filing lists 'Unregistered Sales of Equity Securities' as an item of disclosure, but no specific details or amounts are present in the provided text.
What changes occurred regarding directors or officers?
The filing mentions 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers,' indicating changes in personnel and related compensation, but specific names and details are not in the provided text.
What is the significance of the Regulation FD Disclosure?
The Regulation FD Disclosure item indicates that the company is providing information to the public in accordance with Regulation Fair Disclosure, ensuring broad dissemination of material non-public information.
Filing Stats: 3,020 words · 12 min read · ~10 pages · Grade level 13.6 · Accepted 2025-01-29 16:06:15
Key Financial Figures
- $0.01 — f the Company's common stock, par value $0.01 per share (" Common Stock "). In connec
- $250 million — ock, for an aggregate purchase price of $250 million at a purchase price per Share of approx
- $76.10 — rchase price per Share of approximately $76.10 (the " Investment "). The Investment is
Filing Documents
- d925485d8k.htm (8-K) — 49KB
- d925485dex101.htm (EX-10.1) — 246KB
- d925485dex102.htm (EX-10.2) — 125KB
- d925485dex991.htm (EX-99.1) — 97KB
- g925485g94m68.jpg (GRAPHIC) — 12KB
- g925485snap1.jpg (GRAPHIC) — 4KB
- 0001193125-25-015654.txt ( ) — 776KB
- hsic-20250129.xsd (EX-101.SCH) — 3KB
- hsic-20250129_lab.xml (EX-101.LAB) — 17KB
- hsic-20250129_pre.xml (EX-101.PRE) — 11KB
- d925485d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Strategic Partnership Agreement, dated January 29, 2025, by and between the Company and the Investor 10.2 Form of Registration Rights Agreement 99.1 Joint Press Release, dated January 29, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Forward-Looking Statements
Forward-Looking Statements Information set forth in this Current Report on Form 8-K (including any information incorporated by reference herein), including statements regarding the expected changes to the Board, the shares to be issued in the Investment, satisfaction of the conditions set forth in the Agreement, the Company's preliminary, unaudited financial results for 2024 and its initial 2025 financial guidance constitute or may be deemed to constitute forward-looking statements (including within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995). These expectations and statements are prospective in nature and are subject to risks and uncertainties and are not guarantees of future performance, including statements about the consummation of the expected changes to the Board or the Investment and the anticipated benefits thereof. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Some forward-looking statements discuss the Company's plans, strategies and intentions and are generally identified by the use of such terms as "will be," "subject to," "may," "could," "expect," "intend," "believe," "plan," "estimate," "forecast," "project," "anticipate," "to be," "to make" or other comparable terms. A fuller discussion of the Company's operations, financial condition and status of litigation matters, including factors that may affect the Company's business and future prospects, is contained in other documents the Company has filed with the United States Securities and Exchange Commission, or SEC, including the Company's Annual Report on Form 10-K, and will be contained in all subsequent periodic filings the Company's makes with the SEC. These docum
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HENRY SCHEIN, INC. Date: January 29, 2025 By: /s/ Walter Siegel Name: Walter Siegel Title: Senior Vice President and Chief Legal Officer