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For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles
The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.
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" amid its turnaround efforts.
Walgreens suspends dividend in latest cost-cutting measure
The decision is aimed at boosting cash flow and reducing debt as it faces an opioid lawsuit from the Department of Justice.
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 halts quarterly dividend for 1st time since 1932: 8 notes
Walgreens suspends its quarterly dividend for the first time in 92 years as it faces challenges in its financial turnaround effort.
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 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.
Axios on MSN
19h
Walgreens CEO: Locked cases hurt sales but they're not going anywhere
Walgreens is making big changes to address the $265 million quarterly net loss they reported earlier this month. Yes, but: ...
1d
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 ...
10d
Walgreens CEO says anti-theft measures contributed to company's $245 million loss
UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million ...
Crain's Chicago Business
4d
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
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, ...
3d
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 ...
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