Shares of Walgreens Boots Alliance dropped 10% Friday, after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The Justice ...
Walgreens suspends its quarterly cash dividend as part of the company's broader turnaround strategy. Walgreens expects the move to strengthen the company's balance sheet by reducing debt over time ...
Walgreens Boots Alliance is suspending its quarterly cash dividend as the company works to free up ... [+] cash for debt financing, litigation needs and to fund the company’s “broader long ...
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(Bloomberg) -- Walgreens Boots Alliance Inc. tumbled Friday after suspending the quarterly dividend it’s paid for the past 92 years in a bid to conserve cash and revive the business. Shares ...
Shares of Walgreens Boots Alliance (WBA) are down about 3% to $11.49 in early trading after CNBC’s David Faber said on-air that his sources tell him that a potential deal with Sycamore ‘is ...
Walgreens is continuing to close stores as part of its turnaround plans. The thinning of Walgreens locations has been in the works. Walgreens said in October 2024 it planned to close about 1,200 ...
Advocate Health is shuttering 55 clinics inside Walgreens stores in Illinois and Wisconsin, effective Feb. 6. Advocate owns and operates 47 in-store clinics in Illinois and eight in Wisconsin.
Walgreens started last year by cutting the quarterly dividend nearly in half. The company slashed the payout to 25 cents from 48 cents after spending about $1.7 billion on cash dividends in fiscal ...
Walgreens plans to increase the number of stores serviced by its micro-fulfillment centers, growing the number “closer to 6,000" in the next 12 months, CEO Tim Wentworth said in a Q1 earnings call.