Home / Business and Economy / CAH Exec Sells $545K in Stock
CAH Exec Sells $545K in Stock
23 Aug
Summary
- Chief Accounting Officer sold 2,302 Cardinal Health shares.
- The sale occurred on August 19, fetching $545,000.
- Scherer retains 2,811 shares after the transaction.
On August 19, Mary C. Scherer, the Chief Accounting Officer for Cardinal Health, Inc. (CAH), divested 2,302 shares of the company's stock. The total transaction value approximated $545,000, based on a weighted average sale price of $237.39 per share. This sale occurred shortly before the market close, with the stock ending the session at $234.85.
Following the transaction, Scherer continues to hold direct ownership of 2,811 shares, a stake constituting 0.001% of the company. Cardinal Health operates as a global integrated healthcare services and products provider. Its business model focuses on supply chain optimization through two primary segments: Pharmaceutical and Medical, serving a wide range of healthcare entities.
