Concentra to repurchase 1M shares at $34.65
Rhea-AI Filing Summary
Concentra Group Holdings Parent, Inc. (CON) is the subject of an amended Schedule 13D filing by stockholder Robert A. Ortenzio. On August 21, 2026, Concentra agreed in a privately negotiated Stock Repurchase Agreement to repurchase 1,000,000 shares of its common stock from Ortenzio and related family trusts at $34.65 per share, for an aggregate purchase price of $34,650,000.
After these and other reported transactions, Ortenzio reports beneficial ownership of 6,748,222 shares of Concentra common stock, representing approximately 5.3% of the outstanding shares, based on 127,517,736 shares outstanding as of July 31, 2026. Of this amount, he reports sole voting and dispositive power over 4,763,794 shares and shared voting and dispositive power over 1,984,428 shares, including shares held by several family trusts.
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Key Figures
Key Terms
Stock Repurchase Agreement financial
beneficially own financial
sole voting power financial
Schedule 13D regulatory
FAQ
What major transaction involving CON stock is disclosed in this Schedule 13D/A?
What is Robert A. Ortenzio’s reported ownership stake in CON after this amendment?
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