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
The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.
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 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 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 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.
The CEO of Walgreens admits anti-theft measures like putting toothpaste, baby food formula under lock and key are backfiring on sales — customer says, ‘You could wai…
In response, many stores — including Walgreens, Target, and Dollar Tree — have introduced drastic measures by locking up ...
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 ...
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.
Crain's Chicago Business5d
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 ...
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, ...
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 ...