The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.

The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.

Walgreens is suspending its quarterly dividend as the company works to “evaluate and refine its capital allocation policy" ...

Walgreens ( NASDAQ: WBA) has to consider and evaluate all options as part of its fiduciary duty, CEO Tim Wentworth said in ...

Sycamore Partners has been speaking with private credit firms about debt financing for a potential deal, despite an earlier report that takeover talks had stalled.

Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain ...

Find out why Walgreens Boots Alliance (WBA) stock fell over 7% in extended trading and why the drugstore chain is suspending ...

We recently published a list of Jim Cramer Recently Discussed These 13 Stocks Interest Rates And Recession. In this article, ...

Walgreens suspends its quarterly dividend for the first time in 92 years as it faces challenges in its financial turnaround effort.

The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.

One or two medical office assistants work at each of the clinics, along with additional clinicians who support virtual care, ...

Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.