Illumina: Corvex proposes $82.8M share sale
Corvex says it acquired the shares in open-market transactions between October 25, 2023 and March 27, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Illumina, Inc. is the issuer for Corvex Management LP's proposed sale of 375,000 common shares, with an aggregate market value of $82,792,500 and an approximate sale date of November 10, 2026. Goldman Sachs & Co. LLC is named as broker and Nasdaq Stock Market as the exchange. The notice reports 151,200,000 shares outstanding. Corvex may be deemed the beneficial owner of shares held by funds it advises; its general partner is controlled by Keith Meister, an Illumina director.
Key Figures
Key Terms
Aggregate Market Value financial
beneficial owner regulatory
investment adviser regulatory
open market transactions financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.