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Walgreens, Dividend
Walgreens Stock Tumbles on Dividend Suspension
KEY TAKEAWAYS Walgreens Boots Alliance shares are sinking in premarket trading, as the pharmacy chain suspends quarterly dividends to shore up its finances while it works to turnaround its business.The company said it needs to conserve cash to cope with legal challenges and refinance its debt.
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.
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, Illinois and Health Care
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, and Advocate is working to find alternate roles for those employees,
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 end of 2025.
Illinois Walgreens clinics run by Advocate Health shutting down
Advocate Health Care is preparing to shut down its in-store clinics across Illinois next week. Kournikova, who stays mostly out of the spotlight, has been with singer Enrique Iglesias since 2001. Phyllis Fong,
14h
on MSN
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 ...
2d
Laura Washington: Walgreens is closing stores and creating pharmacy deserts on Chicago’s South and West sides
The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...
8d
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 ...
3d
on MSN
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 ...
KHQ
7h
Spokane man arrested for alleged armed robbery at Walgreens, accused of stealing oxycodone
A Spokane man has been arrested and charged with first-degree robbery after allegedly stealing oxycodone from a Walgreens pharmacy while displaying what appeared to be a firearm.
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