Walgreens Boots Alliance (WBA) Lowers Quarterly Dividend 47.9% to $0.25; 3.9% Yield
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Walgreens Boots Alliance (WBA) evaluating all strategic options
January 4, 2024 7:04 AM ESTWith earnings, Walgreens Boots Alliance (NASDAQ: WBA) said it is evaluating all strategic options to drive sustainable long-term shareholder value, focusing on swift actions to right-size costs and increase cash flow, with a balanced approach to capital allocation priorities.
The company already cut its dividend by 48% today as one action.
... MoreWalgreens Boots Alliance (WBA) evaluating all strategic options to drive sustainable long-term shareholder value
January 4, 2024 7:03 AM ESTWalgreens Boots Alliance (NASDAQ: WBA) Chief Executive Officer Tim Wentworth said:
"WBA delivered fiscal first quarter results in line with overall expectations, reflecting disciplined execution in a challenging consumer backdrop. We are evaluating all strategic options to drive sustainable long-term shareholder value,... More
