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Walgreens suspends quarterly dividend amid turnaround efforts
Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday.
Walgreens to Suspend Dividend in Cash-Saving Push
Cash needs for the next several years, “including with respect to litigation and debt refinancing,” were important considerations, the company said.
Walgreens suspends quarterly dividend, stock plunges
The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.
Walgreens Suspends Dividend to Drive Turnaround Strategy
U.S.-based pharmacy chain Walgreens Boots Alliance (WBA) suspended its long-standing dividend to preserve cash and prioritize its turnaround
Walgreens Stock Drops on Dividend Suspension
Shares of Walgreens Boots Alliance dropped nearly 10% in premarket trading after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The
Walgreens Boots falls after quarterly dividend suspension
Walgreens Boots Alliance (NASDAQ:WBA) fell over 7% in extended trading on Thursday after the drugstore chain said it is suspending cash dividend paid to stockholders on a quarterly basis. This comes after a report that a potential takeover of the company by private equity from Sycamore Partners will likely not happen.
Walgreens Boots Alliance falls 7% to $10.60 after suspending dividend
EST Walgreens Boots Alliance (WBA) falls 7% to $10.60 after suspending dividendInvest with Confidence: Follow TipRanks' Top Wall Street
9h
Walgreens Suspends Dividend To Fund Turnaround ‘Cash Needs’
Walgreens is suspending its quarterly dividend as the company works to “evaluate and refine its capital allocation policy" ...
13h
on MSN
The latest step in Walgreens’ turnaround is a blow to investors
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on ...
8d
Walgreens Lawsuit May Mean 'Significant' Payments to Customers: Lawyer
The Department of Justice civil complaint, filed in an Illinois federal court, could throw significant light on America's ...
2d
Laura Washington: Walgreens is closing stores and creating pharmacy deserts on Chicago’s South and West sides
The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...
2d
on MSN
Walgreens to close 500 stores before August. Is Oklahoma affected?
In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...
3d
on MSN
Why Walgreens Boots Alliance Stock Sank by Almost 5% Today
Many finance professionals -- and not a few investors -- consider Walgreens a juicy target for private equity players. In ...
1d
on MSN
Advocate Health Care closing all 47 of its clinics inside Illinois Walgreens stores
One or two medical office assistants work at each of the clinics, along with additional clinicians who support virtual care, ...
8d
Maps Reveal Where Walgreens and Rite Aid Are Closing Stores Nationwide
Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.
2d
on MSN
Huntsville Police asking for help identifying 4 in Walgreens thefts
The Huntsville Police Department (HPD) is asking for the public's help in identifying four people in connection with thefts ...
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