DEERFIELD, Ill. — Walgreens Boots Alliance Inc. said Wednesday that its board of directors has declared a quarterly dividend of 45.75 cents per share, an increase of 4%. The increased dividend is payable September 12 to stockholders of record as of August 20. The move raises the annual dividend rate from $1.76 per share to
DEERFIELD, Ill. — Heather Dixon has been named senior vice president, global controller and chief accounting officer by Walgreens Boots Alliance. Dixon will join WBA from Aetna Inc., where she had been vice president, controller and chief accounting officer since 2017 and, prior to that, assistant controller. Before that, she served as vice president and
NOTTINGHAM, U.K. – Walgreens Boots Alliance (WBA) on Tuesday published its 2018 Corporate Social Responsibility (CSR) Report, which showcases the company’s global sustainability initiatives to prevent opioid abuse, support cancer patients and their families and address malnutrition and other health issues in communities around the world. WBA said its CSR strategy is largely focused on
DEERFIELD, Ill. — Walgreens Boots Alliance announced it is teaming up with Microsoft to make health care delivery more personal, affordable and accessible for people around the world. The collaboration will combine WBA’s customer reach, convenient locations, outpatient health care services and industry expertise with the Microsoft Azure cloud computing platform and services. “Our strategic
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) and Microsoft Corp. have teamed up to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care. The companies will combine the power of Microsoft Azure, Microsoft’s cloud and AI platform, health care investments, and new retail solutions with WBA’s
DEERFIELD, Ill. — Last month Walgreens Boots Alliance (WBA) announced three global leadership appointments. Vineet Mehra is joining WBA as global chief marketing officer. He will be based at corporate headquarters here and will report to WBA co-chief operating officers Ornella Barra and Alex Gourlay. As global CMO, Mehra will be responsible for the visioning,
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA), which entered the Dow this week, topped analysts’s forecasts with its third quarter earnings, boosted its dividend and announced a $10 billion share buyback. “I am pleased that, in what has been a challenging environment, we have again delivered solid earnings per share growth combined with healthy cash flow,” said
GAINESVILLE, Fla. — Walgreens is launching a pilot program here that incorporates new approaches to pricing, promotions, product assortment and service offerings to create a new customer experience. The program, which has been implemented in 17 stores in the Gainesville area, will be monitored over the next 12 to 18 months to gauge customer reaction
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) reported better-than-expected earnings and revenue on Wednesday when it announced results for the second quarter of fiscal 2018, which ended February 28. Overall, WBA earned $1.73 a share, up 27% versus a year ago. Revenue grew 12.1% to $33.02 billion. Same-store sales rose 2.4%, with comparable-pharmacy sales up
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is reportedly seeking to acquire drug distributor AmerisourceBergen Corp. The Wall Street Journal reported on February 13 that representatives of WBA executive vice chairman and chief executive officer Stefano Pessina made “a high-level outreach” to representatives of AmerisourceBergen CEO Steven Collis several weeks before the story came out.
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is in negotiations to acquire drug distributor AmerisourceBergen Corp., according to published reports. Representatives of WBA executive vice chairman and chief executive officer Stefano Pessina made “a high-level outreach” to representatives of AmerisourceBergen CEO Steven Collis several weeks ago, The Wall Street Journal reported, citing people familiar with the
CAMP HILL, Pa. — Rite Aid Corp. is making changes in its category management team as it proceeds with an asset sale in which more than 40% of its drug stores will be transferred to Walgreens Boots Alliance (WBA). A Rite Aid spokeswoman confirmed Friday that category management personnel changes are under way but declined