Centene Corp (LTS:0HVB)

$ 60.79 0.79 (1.33%) Market Cap: 30.71 Bil Enterprise Value: 30.85 Bil PE Ratio: 10.60 PB Ratio: 1.15 GF Score: 85/100

Centene Corp at Wells Fargo Healthcare Conference Transcript

Sep 06, 2023 / 12:45PM GMT

Release Date Price: $63.32 (+2.17%)

Transcript

Stephen C. Baxter

Wells Fargo Securities, LLC, Research Division - Senior Equity Analyst

Hi, everyone. I'm Steve Baxter, the healthcare services analyst. Thanks for coming to the Wells Fargo conference this year. We're pleased to be joined by Centene, a leading health plan focused on government-sponsored coverage, most notably Medicaid. In the company, we have Sarah London, CEO; Drew Asher, CFO; and Jennifer Gilligan from Investor Relations. Thank you for being here today. Before we launch into my questions, Sarah, Drew, do you have any opening remarks you wanted to start.

Sarah M. London

Centene Corporation - CEO & Director

Yes. Maybe I can just give a quick update on what we've been up to since our Q2 call. We started the quarter with a good July. And then in August, we purchased another $200 million worth of shares in the 60s, and we expect to exceed our original $1.5 billion share repurchase target in 2023.

And then just a couple of weeks ago, I'm sure many of you saw that we hit a major milestone in our value creation plan and portfolio

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