Continues to evaluate? What have you over paid do nothing people on top been doing the past year?
Walgreens said in a news release Thursday that it was suspending quarterly dividends “as management continues to evaluate and refine its capital allocation policy consistent with the company’s broader long-term turnaround efforts.”
Cash flows are negative because of parties and resorts. Neal had the most luxurious parties ever happened
Cash flows are negative because of mismanagement and poor leadership. Cutting dividend fully is not the way to solve for cash flow issues. It shows the leadership lacks imagination and creativity to turn the business around.
Probably should have done this earlier tbh. Cashflows been negative for awhile.
Our stock has plunged 8 percent after hours today