share_log

Merck & Co | 11-K: Annual report of employee stock purchase, savings and similar plans (and amendment thereto)

SEC announcement ·  Jun 26 01:40
Summary by Futu AI
Merck & Co., Inc. has filed its Form 11-K annual report for the fiscal year ended December 31, 2023, with the United States Securities and Exchange Commission. The report details the financial performance of the Merck US Savings Plan, an employee stock purchase, savings, and similar plan. The independent audit conducted by PricewaterhouseCoopers LLP concluded that the financial statements present fairly the net assets available for benefits as of December 31, 2023, and the changes in net assets available for benefits for the year in conformity with U.S. generally accepted accounting principles. The Plan's net assets available for benefits increased from $11.528 billion at the end of 2022 to $13.424 billion at the end of 2023. The Plan is designed to provide employees with a means of...Show More
Merck & Co., Inc. has filed its Form 11-K annual report for the fiscal year ended December 31, 2023, with the United States Securities and Exchange Commission. The report details the financial performance of the Merck US Savings Plan, an employee stock purchase, savings, and similar plan. The independent audit conducted by PricewaterhouseCoopers LLP concluded that the financial statements present fairly the net assets available for benefits as of December 31, 2023, and the changes in net assets available for benefits for the year in conformity with U.S. generally accepted accounting principles. The Plan's net assets available for benefits increased from $11.528 billion at the end of 2022 to $13.424 billion at the end of 2023. The Plan is designed to provide employees with a means of saving and investing for the future, with options to invest in various funds, including Merck common stock. The Plan is subject to the Employee Retirement Income Security Act of 1974 (ERISA) and is administered by committees appointed by Merck's CEO and Board of Directors. Contributions to the Plan can be made by employees up to certain limits, with matching contributions from Merck. The Plan's investments are held in a Master Trust along with other Merck plans, and the financial statements include a detailed breakdown of the Plan's assets and liabilities, contributions, and investment income.

This announcement is a separate document:

Doc 1

Doc 2

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.