AmerisourceBergen Authorizes a New $750M Share Repurchase Program

The Board of Directors of AmerisourceBergen Corporation ABC today authorized a new $750 million share repurchase program, effective immediately. AmerisourceBergen expects to use the new program to repurchase its outstanding shares of common stock, subject to market conditions. The Company recently completed its prior $500 million program which was authorized by the Board of Directors on September 23, 2010. To date in fiscal year 2011, which ends September 30, 2011, the Company has spent $598 million to repurchase its outstanding shares of common stock.