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.
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.
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 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 Stock Drops on Dividend Suspension
Shares of Walgreens Boots Alliance dropped nearly 10% in premarket trading after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The
These Stocks Are Moving the Most Today: Apple, Intel, Chevron, Exxon, Walgreens, AbbVie, Deckers, Atlassian, Vertex, and More
Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, Intel edges higher ...
Walgreens Stock Tumbles. Report Says Private-Equity Bid for Pharmacy Chain ‘Mostly Dead.’
The Wall Street Journal previously reported that Walgreens and Sycamore Partners were discussing a deal that could be ...
Why Walgreens Boots Alliance Stock Sank by Almost 5% Today
Many finance professionals -- and not a few investors -- consider Walgreens a juicy target for private equity players. In ...
Stock market today: Apple leads as Wall Street shaves off nearly all its loss for the week
Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp ...
Becker's ASC3d
Walgreen's private equity sale likely abandoned: 5 things ASCs need to know
Walgreens Boots Alliance's prospective sale to a private equity firm is " mostly dead ," sources told CNBC's David Faber, according to a Jan. 27 report from The Wall Street Journal. Here are five ...
Becker's Hospital Review3d
Walgreens private equity sale 'mostly dead': Report
Sources told CNBC's David Faber that a private equity firm's prospective deal to acquire Walgreens Boots Alliance is ...
Stock market today: Wall Street begins Trump’s second term with gains
U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies.