Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits
Publishing timestamp: 2024-11-23 07:47:51
Summary
An activist investment firm, Ananym Capital Management, is pushing Henry Schein to refresh its board, cut costs, address succession planning, and consider selling its medical distribution business. Despite being a leading global distributor of health-care products, Henry Schein has underperformed in terms of total shareholder return. Ananym believes that implementing a comprehensive cost restructuring plan and better capital allocation could significantly increase shareholder value. The firm also suggests that Henry Schein should focus on its medical business and consider selling it to further enhance shareholder value.
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Keywords: business news, henry schein inc, investment strategy,