Business — Retail News

WBA sells remaining shares of Option Care Health

Walgreens Boots Alliance (WBA) announced that it has sold 10.8 million shares of Option Care Health common stock pursuant to Rule 144 for proceeds of approximately $330 million.

, and Bill Schiffner

June 8, 2023 . 12:54 PM

1 min read

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced that it has sold 10.8 million shares of Option Care Health common stock pursuant to Rule 144 for proceeds of approximately $330 million.

The company intends to use the proceeds primarily for debt paydown, continued support of WBA’s strategic priorities and transformation to a consumer-centric healthcare company. The transaction is another decisive action WBA is taking to unlock value and further simplify the company’s portfolio.

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WBA sells remaining shares of Option Care Health

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