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Walgreens Boots falls
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 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 Sinks After Suspending Dividend to Conserve Cash
Walgreens Boots Alliance Inc. suspended its quarterly dividend, citing a need to strengthen its balance sheet by reducing debt and improving free cash flow.Most Read from BloombergManhattan’s Morning
Walgreens suspends quarterly dividend for first time in 92 years, amid financial struggles
The change comes amid struggles for the Deerfield-based retail pharmacy giant. Walgreens announced plans in October to shutter 1,200 stores over the next three years.
Why Walgreens Boots Alliance Stock Sank by Almost 5% Today
This is apparently happening to Walgreens Boots Alliance (NASDAQ: WBA), according to a media report. CNBC's David Faber reported live and on-air that unnamed sources told him that a looming arrangement between Walgreens and private equity firm Sycamore Partners for the latter to buy the former is "mostly dead.
Walgreens Boots Alliance suspends quarterly dividend
Walgreens Boots Alliance (WBA) announced that its board of directors is suspending the company’s cash dividend historically paid to
15m
Walgreens Boots Alliance Inc. stock outperforms competitors on strong trading day
This was the stock's second consecutive day of gains.
6h
on MSN
Walgreens Boots gains as CEO responds to questions on takeover speculation
Walgreens Boots (NASDAQ:WBA) rose 1.6% after the drugstore chain's CEO responded to recent takeover speculation. Walgreens ...
1d
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 ...
2d
Walgreens Boots Alliance Inc. stock underperforms Tuesday when compared to competitors
This was the stock's second consecutive day of losses.
6d
on MSN
Walgreens Boots Alliance vs. CVS Health: What's the Better Turnaround Play?
Walgreens Boots Alliance ( WBA 1.03%) and CVS Health ( CVS 2.86%) face uncertain paths forward. They have both undergone ...
7h
Walgreens Investors Dismiss Bid Targeting Cigarette Pollution
Walgreens Boots Alliance shareholders voted against a proposal that pushed the pharmacy chain to do more to prevent environmental damage from the cigarettes it sells.
Crain's Chicago Business
3d
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 ...
1d
Hold Rating Maintained for Walgreens Boots Alliance Amid Acquisition Uncertainty and Legal Challenges
Analyst Michael Cherny of Leerink Partners reiterated a Hold rating on Walgreens Boots Alliance (WBA – Research Report), retaining the price ...
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