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 prescription drugs.
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.
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 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 stock drops as dividend suspended
Investing.com -- Shares of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) tumbled 6% today following the company's announcement that it has suspended its quarterly dividend. The move comes as part of the company's efforts to strengthen its balance sheet and support a retail pharmacy-led turnaround.
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 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 suspends quarterly dividend
Walgreens Boots Alliance (WBA) announced that its board of directors is suspending the company’s cash dividend historically paid to
Walgreens to close West Springfield store eyed as police station site
Nationally, Walgreens announced last fall plans to close about 1,200 locations as the industry deals with shrinking ...
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 ...
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 ...
Big Chicago Health System Closing Nearly 50 Clinics Inside Walgreens
Advocate Health Care, the largest provider of medical care in Chicago, is closing 47 clinics it has operated inside Walgreens ...
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, ...
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Aurora Health Care leaving Wisconsin Walgreens clinics
Aurora Health Care will no longer operate clinics at Wisconsin Walgreens stores. The change will take effect Feb. 6.Aurora currently operates clinics at eight Walgreens locations in Wisconsin, ...
Aurora Health Care will no longer operate clinics at Walgreens stores in Wisconsin
Aurora has been operating clinics in Walgreens stores since 2017. It will no longer operate the clinics beginning Feb. 6.
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North Spokane Walgreens robbery suspect arrested
SPOKANE, Wash. -- The man accused of robbing a Walgreens in North Spokane this week has been arrested. According to the Spokane County Sheriff's Office (SCSO), 57-year-old Zephery G. Strandy went into ...