Walgreens suspends dividend, breaking 90-plus year streak of shareholder payouts
Walgreens shares sank 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 late Thursday that it made the decision in an effort to strengthen its balance sheet and improve free cash flow as company leaders try
Walgreens stock plunges. Its dividend payout changes are to blame
After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments. Walgreens Boots Alliance, Inc. investors have had a wild 2025 so far. Earlier this month,
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
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
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 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 suspends dividend in latest cost-cutting measure
The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.
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.
Walgreens suspends its dividend, and the stock falls
This story incorporates reporting from Orlando Sentinel, Business Insider, Retail Dive, Yahoo and YAHOO!Finance.Walgreens Boots Alliance Inc., the well-known American pharmacy chain, has decided to suspend its quarterly dividend,
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.
As Walgreens Looks to Save Cash, Suitor Sycamore Seeks Funding
Walgreens Boots Alliance Inc.’s chairman and biggest shareholder, Stefano Pessina, has dealmaking in his DNA. Yet finding a ...
Walgreens’ digital door screen drama.
Walgreens has been locked in a legal battle with CoolerX, a startup founded by the pharmacy chain’s former CEO, according to a report from Bloomberg. CoolerX replaced glass refrigerator doors with ...
Walgreens closing West Springfield store
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Walgreens closing Fayetteville location in March as part of 1,200 nationwide
One Walgreens location in Northwest Arkansas is set to close later this year as the drugstore chain continues closing ...
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 ...
Walgreens partly paring decline on report of Sycamore deal talks
Walgreens Boots (NASDAQ:WBA) pared a bit of its decline amid a report that private equity firm Sycamore Partners is talking ...
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Why Walgreens (WBA) Shares Are Trading Lower Today
Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) fell 17% in the morning session after the company announced it ...