VALLEY FORGE, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE:ABC) today announced it entered into an agreement effective today, August 2, 2007, to repurchase 5,445,436 shares of its common stock for $250 million in cash in an accelerated share repurchase transaction with Bank of America, N.A. at a price per share of $45.91. After today’s accelerated repurchase transaction, approximately $424 million remains available in the Company’s $850 million authorized repurchase program announced May 24, 2007. The shares repurchased by the Company from Bank of America will be held as treasury stock.
