Walgreens Tumbles After Suspending Steady Dividend to Save Cash
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.Most Read from BloombergHow the 2
Why Walgreens Suspended Its Dividend
Walgreens stock is spiraling Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's what you need to know.
Walgreens Suspends Dividend To Fund Turnaround ‘Cash Needs’
Walgreens is suspending its quarterly dividend payments to stockholders as the company works to free up cash to reduce debt and fund its long-term turnaround.
For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles
Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the first time it won’t pay a quarterly dividend in 92 years. The change comes amid struggles for the Deerfield-based retail pharmacy giant.
Walgreens Boots Alliance Shares Slide As Board Suspends Dividend
Walgreens Boots Alliance shares are falling in extended trading Thursday after the company suspended its quarterly dividend.
Why Walgreens Boots Alliance Stock Was Sliding Today
Shares of Walgreens Boots Alliance (NASDAQ: WBA) pulled back today after the company again ran into trouble with regulators. On Friday, the Department of Justice (DOJ) filed a lawsuit against Walgreens,
Walgreens Stock Slides on Dividend Suspension
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 Department t
Walgreens suspends dividend, breaking 90-plus year streak of shareholder payouts
Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of quarterly shareholder payouts that stretches back more than 90 years. The drugstore chain said Thursday after markets closed that it made the move to strengthen its balance sheet and improve free cash flow as company
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 Boots falls after quarterly dividend suspension
Find out why Walgreens Boots Alliance (WBA) stock fell over 7% in extended trading and why the drugstore chain is suspending cash dividends.
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, sending its shares down nearly 8% in extended trading.
Walgreens Boots Alliance Faces Financial Strain: Analyst Recommends Sell Rating
Analyst Erin Wright from Morgan Stanley reiterated a Sell rating on Walgreens Boots Alliance (WBA – Research Report) and keeping the price ...
Walgreens, CEOs Accused of Defrauding Investors in Opioid Scheme
Walgreens Boots Alliance Inc. and several of its former and current executives have been sued for allegedly defrauding investors by scheming to boost the company’s bottom line through opioid sales.
This Is What Whales Are Betting On Walgreens Boots Alliance
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Walgreens ...
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 ...
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Why Walgreens (WBA) Shares Are Trading Lower Today
What Happened? Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) fell 17% in the morning session after the ...
Walgreens Boots Alliance (WBA): Consistent Growth Across Global Markets
We recently published a list of 35 Non-Tech AI Opportunities Amid DeepSeek Selloff. In this article, we are going to take a ...
Bronstein, Gewirtz & Grossman, LLC Is Investigating Walgreens Boots Alliance, Inc. (WBA) And Encourages Investors to Connect
NEW YORK CITY, NY / ACCESS Newswire / January 29, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims ...
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Walgreens stock tumbles on report that private equity deal is unlikely
Shares of Walgreens Boots Alliance tumbled today following a CNBC report that the Deerfield-based pharmacy chain was unlikely ...