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OCR > SEC Filings for OCR > Form 8-K on 6-Dec-2013All Recent SEC Filings

Show all filings for OMNICARE INC



Other Events

Item 8.01 Other Events.

On December 6, 2013, Omnicare, Inc. (the "Company") adopted a Rule 10b5-1 plan under which the Company may repurchase its shares at times when the Company would not ordinarily be in the market due to the Company's trading policies or the possession of material non-public information. This plan has been established pursuant to, and as part of, the Company's share repurchase program. As previously announced, the Company's Board of Directors approved a new share repurchase program under which the Company has $500 million of available authorization for share repurchases. The timing and extent of the repurchases under the Rule 10b5-1 plan are subject to Securities and Exchange Commission regulations as well as certain price, market volume and timing constraints specified in the plan.

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