Walgreen Boots Stock Price, News & Analysis

Walgreens Boots Alliance (Nasdaq: WBA) has been recognized in 3BL Media’s 100 Best Corporate Citizens ranking for its strong environmental, social, and governance (ESG) transparency. This accolade highlights WBA's commitment to social and environmental responsibilities, particularly during the COVID-19 pandemic. The ranking evaluates 146 ESG factors across eight pillars including climate change and governance. WBA emphasizes healthcare access, sustainability of products, and respect for its employees through various initiatives.

Walgreens Boots Alliance (Nasdaq: WBA) announced a commitment of US$350,000 to the American India Foundation to address COVID-19 needs in India. This includes a direct donation of $100,000, matching employee contributions, and in-kind donations of pulse oximeters valued at $50,000. WBA has previously administered over 15 million COVID-19 vaccines and provided access to testing in over 6,000 locations.

Walgreens has launched a Same Day Delivery service, allowing customers to receive retail products within two hours nationwide. Over 24,000 items are available for this service, which does not have a minimum order requirement. Customers can utilize the Walgreens app or website for contactless delivery. The service integrates with the myWalgreens rewards program, enabling users to earn and redeem Walgreens Cash rewards and promotions. This initiative continues Walgreens' commitment to enhancing customer experience following the myWalgreens launch in November 2020.

Walgreens is launching mobile COVID-19 vaccination clinics in Chicago, building on its success with over 700 clinics nationwide. These mobile units aim to serve underserved communities facing access barriers. Individuals can walk up for vaccinations provided by Walgreens pharmacy team members. To date, Walgreens has administered over 15 million vaccines and plans to expand this initiative. Additionally, same-day vaccine appointments will be available, along with partnerships with over 100 employers to enhance access across the country.

Walgreens is launching mobile clinics in Chicago and other locations to provide COVID-19 vaccinations to underserved communities. Following the success of over 700 vaccination clinics, the initiative aims to overcome access barriers. To date, Walgreens has administered more than 15 million vaccines and will offer same-day appointments starting May 5. The company partners with over 100 employers to enhance vaccination efforts and ensure availability of Pfizer, Moderna, and Johnson & Johnson vaccines. Walgreens continues to play a vital role in community health accessibility.

Walgreens Boots Alliance (Nasdaq: WBA) has launched a cash tender offer for up to $3.3 billion of certain senior notes. The offer includes key notes with varying acceptance priority levels. Notably, the 4.100% Notes due 2050 and the 3.100% Notes due 2022 have set tender caps of $200 million and $500 million, respectively. Holders of notes who tender before the April 22, 2021 deadline will receive a total consideration based on reference yields plus a premium. The settlement date for early tenders is expected on April 26, 2021. The offer will expire on May 7, 2021.

Walgreens Boots Alliance (WBA) has announced the results of its amended cash tender offer, increasing the Maximum Tender Amount from $2.75 billion to $3.3 billion. Approximately $3.7 billion of senior notes were validly tendered by the early tender deadline of April 22, 2021. The tender offer includes several series of notes, with priority levels for acceptance. The total consideration for accepted notes will be disclosed following the price determination date of April 23, 2021. The settlement date for early tendered notes is expected by April 26, 2021.

Walgreens Boots Alliance (Nasdaq: WBA) has declared a quarterly dividend of 46.75 cents per share, consistent with the prior quarter and up 2.2% from the previous year. This dividend will be payable on June 11, 2021, to stockholders on record as of May 21, 2021. Notably, WBA has maintained dividend payments for 354 consecutive quarters and has increased dividends for 45 consecutive years, showcasing its commitment to returning value to shareholders.