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.

Walgreens-Boots Alliance struggles with margin compression, competition, and financial risks. Learn why these challenges make ...

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

In yet another move to pay down debt that matures in 2026, Walgreens Boots Alliance announced last night it would receive ...

Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak ...

(Bloomberg) -- Walgreens ... flow. “Cash needs over the next several years,” including litigation and debt financing, were also important considerations, Walgreens said Thursday in a statement.

Walgreens shares sank Friday ... the decision in an effort to strengthen its balance sheet and improve free cash flow as company leaders try to turn around the struggling business.

(Bloomberg) -- Walgreens Boots ... debt and improving free cash flow. “Cash needs over the next several years,” including litigation and debt financing, were also important considerations, Walgreens ...