India, Aug. 11 -- Healthcare services company Cardinal Health, Inc., while reporting significantly higher profit in its fourth quarter on revenue strength, on Tuesday issued fiscal 2027 outlook, expecting higher adjusted earnings.
Further, the Board of Directors approved a $5.0 billion increase to the share repurchase program, bringing the total share repurchase authorization to $6.4 billion as of August 2026.
In pre-market activity on the NYSE, Cardinal Health shares were trading 0.31 percent higher, at $238.00, extending the 0.33 percent increase on Monday's regular trading close.
Jason Hollar, CEO of Cardinal Health, stated, "The broad-based operational strength for the year, with all five of our operating segments growing profit doub...