financetom
Business
financetom
/
Business
/
Walgreens Boots Alliance Shares Slide As Board Suspends Dividend
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Walgreens Boots Alliance Shares Slide As Board Suspends Dividend
Jan 30, 2025 3:04 PM

Walgreens Boots Alliance Inc ( WBA ) shares are falling in extended trading Thursday after the company suspended its quarterly dividend.

What Happened: After the market close on Thursday, Walgreens announced its board is suspending its cash dividend as management continues to evaluate its capital allocation policy as part of a longer-term turnaround strategy.

The suspended dividend is expected to help strengthen the company’s balance sheet by reducing debt over time and improving free cash flow.

“The company’s cash needs over the next several years, including with respect to litigation and debt refinancing, were important considerations as part of the decision to suspend the dividend,” the company said.

“WBA leadership remains focused on successfully executing against its strategic priorities and maintaining financial discipline, which it believes will deliver sustained value creation over the long term.”

How To Buy WBA Stock

By now you're likely curious about how to participate in the market for Walgreens — be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading — either way it allows you to profit off of the share price decline.

WBA Price Action: Walgreens shares were down 7.77% after-hours, trading at $10.52 at the time of publication Thursday, according to Benzinga Pro.

Read Next:

Apple Q1 Earnings: Revenue Beat, EPS Beat, iPhone Sales Slip, Installed Base Climbs To All-Time High — ‘Our Best Quarter Ever’

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BillionToOne Q3 Swings to Profit, Revenue Rises; Shares Fall After Hours
BillionToOne Q3 Swings to Profit, Revenue Rises; Shares Fall After Hours
Mar 10, 2026
04:39 PM EST, 12/09/2025 (MT Newswires) -- BillionToOne ( BLLN ) reported Q3 earnings late Tuesday of $0.10 per diluted share, swinging from the loss of $1.47 a year earlier. Three analysts polled by FactSet expected of $0.14. Revenue in the three months ended Sept. 30 rose to $83.5 million from $38.4 million a year earlier. Analysts surveyed by FactSet...
Braze Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Fiscal 2026 Outlook Raised
Braze Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Fiscal 2026 Outlook Raised
Mar 10, 2026
04:19 PM EST, 12/09/2025 (MT Newswires) -- Braze (BRZE) reported late Tuesday its fiscal Q3 non-GAAP earnings of $0.06 per diluted share, up from $0.02 per share a year earlier. Analysts polled by FactSet expected $0.06. Revenue for the quarter ended Oct. 31 was $190.8 million, up from $152.1 million a year earlier. Analysts surveyed by FactSet expected $184.2 million....
Casella Waste Systems Insider Sold Shares Worth $700,490, According to a Recent SEC Filing
Casella Waste Systems Insider Sold Shares Worth $700,490, According to a Recent SEC Filing
Mar 10, 2026
04:18 PM EST, 12/09/2025 (MT Newswires) -- Edmond Coletta, President, on December 08, 2025, sold 7,000 shares in Casella Waste Systems ( CWST ) for $700,490. Following the Form 4 filing with the SEC, Coletta has control over a total of 141,093 Class A common shares of the company, with 141,093 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/911177/000156427925000004/xslF345X05/wk-form4_1765314800.xml ...
Hayward Holdings Insider Sold Shares Worth $976,889, According to a Recent SEC Filing
Hayward Holdings Insider Sold Shares Worth $976,889, According to a Recent SEC Filing
Mar 10, 2026
04:43 PM EST, 12/09/2025 (MT Newswires) -- Kevin Holleran, Director, President and CEO, on December 05, 2025, sold 60,571 shares in Hayward Holdings ( HAYW ) for $976,889. Following the Form 4 filing with the SEC, Holleran has control over a total of 625,640 common shares of the company, with 623,540 shares held directly and 2,100 controlled indirectly. SEC Filing:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved