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CVS Corp. - 1997 dated Specimen Stock Certificate

Inv# SE3597   Specimen Stock
State(s): Delaware
Years: 1997

Specimen Stock printed by American Bank Note Company. CVS Health Corporation (previously CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's largest healthcare company, and its headquarters are in Woonsocket, Rhode Island. Consumer Value Stores (CVS) was founded in 1963 by three partners - brothers Stanley and Sidney Goldstein and Ralph Hoagland - in Lowell, Massachusetts. They grew the venture from a parent company, Mark Steven, Inc., which helped retailers manage their health and beauty aid product lines. The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added. After two years of operations, it was able to open 17 stores.

To expand, the company joined the Melville Corporation, which managed a string of retail businesses. Following a period of growth in the 1980s and 1990s, CVS Corporation spun off from Melville in 1996, becoming a standalone company trading on the New York Stock Exchange as CVS. In December 2017, CVS agreed to acquire Aetna for $69 billion and completed the acquisition in November 2018. Legal issues related to the merger were resolved in September 2019. In February 2020, CVS Health announced changes to its board of directors, whose size was reduced from 16 to 13 directors. In 2021, CVS Health was ranked 4th on the Fortune 500 list, and 7th on the Fortune Global 500 list. On November 18, 2021, CVS Health announced that the company plans to close 900 stores over the next three years with closing due to begin in the spring of 2022. In November 2021, a federal jury found that CVS, along with Walgreens and Walmart, "had substantially contributed to" the opioid crisis. Read more at https://en.wikipedia.org/wiki/CVS_Health

Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.

Item ordered may not be exact piece shown. All original and authentic.
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