Walgreens Boots Alliance Inc. (WBA) said that it has sold shares of AmerisourceBergen Corp. (ABC) common stock for current proceeds of about $644 million.
In addition, AmerisourceBergen has agreed to repurchase shares of its common stock from Walgreens Boots Alliance in the amount of about $50 million.
Walgreens Boots Alliance's ownership of AmerisourceBergen's common stock has decreased as a result of the concurrent share repurchase by AmerisourceBergen but remains at approximately 17%.
Walgreens said it will use proceeds from the transactions for debt paydown and general corporate purposes.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.