AmerisourceBergen Corporation (NYSE:ABC) today reported that in its fiscal year 2016 fourth quarter ended September 30, 2016, revenue increased 5.9 percent to $37.6 billion. Revenue increased 8.0 percent to $146.8 billion in the fiscal year. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share was $0.64 for the September quarter of fiscal 2016, a decrease of 59.0 percent. GAAP diluted earnings per share for the fiscal year was $6.32, compared to a loss of $0.63 in the prior year. Adjusted diluted earnings per share, which excludes items described below, increased 12.1 percent to $1.30 in the fiscal fourth quarter. For fiscal year 2016, adjusted diluted earnings per share increased 13.8 percent to $5.62. The Company also announced that its Board of Directors authorized a new $1 billion regular share repurchase program which, together with available capacity under the existing regular share repurchase program, permits the Company to purchase up to $1.1 billion in shares of its common stock, subject to market conditions. The company had 220.1 million shares outstanding as of September 30, 2016. "I am pleased with the solid performance we delivered in the September quarter," said Steven H. Collis, Chairman, President and Chief Executive Officer of AmerisourceBergen. "We successfully navigated a challenging healthcare landscape, and we continued to enhance our offerings for customers and make important investments in our infrastructure." "In fiscal 2016, we renewed relationships with key customers in our core business, we delivered excellent growth in our specialty businesses, and we had strong contributions from our most recent acquisitions, MWI Veterinary Supply and PharMEDium. In addition, we successfully mitigated the dilutive impact of the two warrant exercises, and we repurchased a total of $731.2 million in stock under our regular repurchase programs, a significant increase over our original expectation for fiscal 2016. We ended the year with an improved balance sheet, and we have significant financial flexibility as we head into fiscal 2017."