Walgreens Boots Alliance (WBA) Tops Q3 EPS by 5c, Updates FY Guidance; Raises Buyback and Dividend
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Walgreens Boots Alliance Reports Fiscal 2018 Third Quarter Results
June 28, 2018 7:01 AM EDTThird quarter highlights
GAAP diluted net earnings per share increased 26.2 percent from the year-ago quarter, to $1.35; Adjusted diluted net earnings per share increased 15.0 percent to $1.53 GAAP net earnings attributable to Walgreens Boots Alliance increased 15.5 percent, to $1.3 billion; Adjusted net earnings attributable to Walgreens Boots Alliance increased 5.6 percent to $1.5 billion Sales increased 14.0 percent to $34.3 billion GAAP operating income increased 5.5 percent to $1.6 billion; Adjusted operating income increased 1.7 percent to $1.9 billion GAAP net cash provided by operating activities was $2.2 billion; Free cash flow was $1.9 billionShare repurchase program and... More
Walgreens Boots Alliance Authorizes $10 Billion Share Repurchase Program and Increases Quarterly Dividend
June 28, 2018 7:00 AM EDTDEERFIELD, Ill.--(BUSINESS WIRE)-- Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has authorized a share repurchase program for up to $10 billion of the companys shares. The program has no specified expiration date.
The company also announced that its board of directors declared a quarterly dividend of 44 cents per share, an increase of 10 percent. The increased dividend is payable 12 September 2018 to stockholders of record as of 20 August 2018, and raises the annual rate from $1.60 per share to $1.76 per share. This marks the 43rd consecutive year that Walgreens... More



