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Walgreens Boots Alliance Files Form 25 to Remove Securities from Nasdaq

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
25-NSE

Rhea-AI Filing Summary

Walgreens Boots Alliance, Inc. (WBA) appears in a Form 25 notification filed with the SEC to remove a class of its securities from listing and/or registration on the Nasdaq Stock Market LLC. The filing identifies the issuer's principal office at 200 Wilmot Road, Deerfield, Delaware, and notes that Nasdaq certifies it has complied with the rules under 17 CFR 240.12d2-2(b) and that the issuer has complied with 17 CFR 240.12d-2(c) for voluntary withdrawal procedures. The document does not state which specific class of securities is being removed, the effective date, or the reason for removal.

Positive

  • Exchange and issuer compliance with Nasdaq procedures is explicitly stated under 17 CFR 240.12d2-2(b) and 17 CFR 240.12d-2(c)
  • Formal notification filed with the SEC providing an official record of the removal action

Negative

  • No effective date or timeline for when the removal will take effect is provided
  • Class of securities not specified in the provided text, preventing assessment of shareholder impact
  • No reason or explanation for the removal (voluntary vs. regulatory/noncompliance) is included

Insights

TL;DR: Form 25 notifies removal from Nasdaq; procedural compliance is affirmed, but key details are missing.

The filing formally notifies the SEC that a class of Walgreens Boots Alliance securities will be removed from Nasdaq listing/registration and states that both the Exchange and the issuer have followed the procedural requirements of 17 CFR 240.12d2-2 and 17 CFR 240.12d-2(c). This confirms administrative compliance but provides no effective date, affected security class, or rationale for the withdrawal. From a listing-administration perspective, the filing is routine in form but incomplete for assessing timing or market impact.

TL;DR: The notice signals a delisting/withdrawal action; investors lack material details to evaluate implications.

The Form 25 indicates a removal/withdrawal process has been initiated and that Nasdaq and the issuer assert compliance with applicable rules. The absence of specifics — including which securities, whether the action is voluntary or forced in substance, and effective dates — prevents conclusions about governance or shareholder effects. Additional filings or notices will be required to determine implications for shareholders and corporate governance.

UNITED STATES
OMB APPROVAL
OMB Number: 3235-0080
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 25
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 001-36759
Issuer: Walgreens Boots Alliance, Inc.
Exchange: Nasdaq Stock Market LLC
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address: 200 Wilmot Road
Deerfield DELAWARE 60015
Telephone number: +1 847 940-2500
(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)
Common Stock, 3.600% Notes due 2025, 2.125% Notes due 2026
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:
17 CFR 240.12d2-2(a)(1)
17 CFR 240.12d2-2(a)(2)
17 CFR 240.12d2-2(a)(3)
17 CFR 240.12d2-2(a)(4)
Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1
Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.
2025-08-28 By Tara Petta AVP
Date Name Title
1 Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 25 for Walgreens Boots Alliance (WBA) notify?

The filing notifies the SEC of a removal/withdrawal of a class of Walgreens Boots Alliance securities from listing/registration on the Nasdaq Stock Market LLC.

Does the Form 25 state which WBA securities are being removed?

No. The provided content does not specify the class of securities affected.

Are Nasdaq and the issuer compliant with procedural rules in this filing?

Yes. The filing states Nasdaq complied with 17 CFR 240.12d2-2(b) and the issuer complied with 17 CFR 240.12d-2(c).

Is there an effective date or reason for the removal in the document?

No. The document does not include an effective date or the reason for the removal.

Where is Walgreens Boots Alliance's principal office listed in the filing?

The address shown is 200 Wilmot Road, Deerfield, Delaware, 60015 with telephone +1 847 940-2500.
Walgreen Boots

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Pharmaceutical Retailers
Retail-drug Stores and Proprietary Stores
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United States
DEERFIELD