Cardinal Health, Inc. (NYSE:CAH) is looking for M&A. During the company?s second quarter financial year 2024 earnings conference call, Aaron Alt, Chief Financial Officer said that ?Before I close, a couple of comments on our recently announced acquisition. We've noted that the specialty category has been our highest priority for potential M&A and the primary consideration for our opportunistic capital deployment as part of our disciplined capital allocation framework?. Jason Hollar, Chief Executive Officer said that ?As Aaron noted, our robust cash flow generation is not only driving benefits below the operating line, it is enabling our opportunistic capital deployment, with additional share repurchases in the quarter beyond our baseline plan and our ability to pursue value-creating M&A in specialty.

We remain well positioned with the financial flexibility to continue opportunistically evaluating disciplined M&A, not only in Specialty, but in our other growth areas and potential additional share repurchases?.