Walgreens shares sank Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of ...

Walgreens Boots Alliance (WBA ... "This change in capital allocation is aimed at strengthening WBA's balance sheet by reducing debt over time and improving free cash flow, as the company works ...

Walgreens stock is spiraling Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's ...

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 payments to stockholders as the company works to free up cash to reduce debt and fund its long-term turnaround.

Gabelli Funds portfolio manager Jeff Jonas said last fall that another dividend cut was likely for Walgreens. “The balance sheet is slowly improving, but that still needs to improve further ...

Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on ...

Pharmacy chain halts quarterly dividend to shore up its balance sheet Shares of Walgreens Boots Alliance Inc. dropped nearly 8% in the extended session Thursday after the beleaguered specialty ...

2. The move aims to strengthen Walgreens' balance sheet by reducing debt and improving free cash flow. The company considered its cash needs for litigation and debt refinancing over the next few ...