CVS has announced share buy back at $35 per share. How can I sell my shares through this offer?

CVS has announced share buy back at $35 per share. The stock market price is close to $34. How can I sell my CVS shares through this offer? Any ideas?

CVS has announced share buy back at $35 per share. How can I sell my shares through this offer?
Through broker is correct but know they will not be buying 100% of shares tendered so not all yousr will get that price. Could easily be only 10% or so of your shares
Reply:Call your broker/dealer
Reply:Usually if you have these shares with a broker, you will be able to call your broker by phone and tell them you would like to sell your shares via the buy-back program.
Reply:The announced buyback at $35 is for about 10% of the outstanding CVS common stock, so you are not guaranteed to receive $35 for all of your shares.





Anyway, to tender your shares to CVS at $35/share you should call your broker and instruct him/her to do so. You will know how many of your shares was accepted at the $35 price shortly after April 24th which is when the tender offer expires, unless CVS extends the offer.





However, with CVS at $34 per share it is quite possible that the stock will be above $35 before April 24th and you will be able to sell it for more than that price.





There is no need to instruct your broker immediately. You can wait until it gets closer to April 24th before you decide whether to tender or not.