tim wentworth walgreens

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.

Crain's Chicago Business · 2h

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.

The Wall Street Journal on MSN · 46m

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.

Hosted on MSN · 58m

For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles

Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the first time it won’t pay a quarterly dividend in 92 years. The change comes amid struggles for the Deerfield-based retail pharmacy giant.

Reuters · 1h

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.

7hon 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 ...

2don 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 ...

Crain's Chicago Business3d

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 ...

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.

6don 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 ...

Walgreens closing 6 Denver metro area stores

Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...

People12d

Walgreens CEO Admits Anti-Theft Measures in Stores Contributed to Company's $245 Million Operating Loss

Getty Images Walgreens has admitted that locking up products within its stores has affected its sales. During a recent earnings call, Timothy Wentworth, the CEO of Walgreens' parent company ...

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