04:46 AM EDT, 08/21/2025 (MT Newswires) -- Centene ( CNC ) said Wednesday it has received an unsolicited "mini-tender" offer from TRC Capital Investment for the purchase of up to 4 million of its shares at $24.75 apiece.

The company urged its stockholders to reject the offer, saying that it is below the current market price of its shares. It also urged stockholders to weigh current market prices and consult with their financial advisers.

Shares of Centene ( CNC ) closed slightly up at $29.40 per share on Wednesday.