Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 16

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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 $24 $21 Ambulatory Care93 85 176 158 Total net income available to nonredeemable noncontrolling interests$105 $97 $200 $179 Share Repurchase Program ActivityIn October 2022, our board of directors authorized the repurchase of up to $1.000 billion of our common stock through a share repurchase program (the “2022 share repurchase program”). This program allowed for share repurchases to be made in open‑market or privately negotiated transactions, at management’s discretion subject to market conditions and other factors, and in a manner consistent with applicable securities laws and regulations. The program did not require us to acquire any particular amount of common stock and could be suspended for periods or discontinued at any time. In July 2024, our board authorized a new share repurchase program (the “2024 share repurchase program”) of up to $1.500 billion of our common stock with no expiration date, under terms substantially similar to the 2022 share repurchase program. We did not make any additional repurchases under the 2022 share repurchase program following the approval of the 2024 share repurchase program.The table below presents repurchase activity under both the 2022 and 2024 share repurchase programs:PeriodTotal Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced ProgramMaximum Dollar Value of Shares That May Yet Be Purchased Under the Program(1) (In Thousands)(In Thousands)(In Millions)Six Months Ended June 30, 2025:January 1 through January 31, 2025—$— —$1,376 February 1 through February 28, 20251,800$134.98 1,800$1,133 March 1 through March 31, 2025829$126.67 829$1,028 April 1 through April 30, 2025—$— —$1,028 May 1 through May 31, 20252,456$157.57 2,456$641 June 1 through June 30, 20252,145$167.83 2,145$281 January 1 through June 30, 20257,230$151.45 7,230Six Months Ended June 30, 2024:January 1 through January