filecrux
Oct 28, 1:56 AM
$COO Will CooperCompanies' CEO exit, 7 weeks after its board chose to keep CooperSurgical, put a sale back on the table?
👤 CooperCompanies, the contact lens and fertility device maker worth about
$11.39B at
$59.89 a share at 16:00 ET on October 27, 2026, said CEO Albert White III left effective immediately, with director Walt Rosebrough running operations as interim Executive Chair
💰 Today the company reaffirmed fiscal 2026 non-GAAP EPS guidance of
$4.51-
$4.55, which puts the stock at about 13 times earnings and below the
$69.16 average it paid for shares in fiscal Q3
🏢 On Sept 9 the board said temporary factors, a rival non-hormonal IUD and a fertility litigation settlement, depressed CooperSurgical offers, but that it will 'always remain open to value creating alternatives'
📅 Next: Shlomo Nachman, ex-J&J vision chief, joins the board December 8, 2026; an 8-K amendment will set out White's extra pay
Source: SEC 8-K, Oct 27 + SEC 8-K, Sept 9
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