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Walgreen Co. Message Board

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  • yank.wags_chain yank.wags_chain Jul 10, 2008 10:52 PM Flag

    Walgreens... Home Enema King

    Really. Did Walmart announce today that its business plan had failed and it was retrenching its ONLY plank in the retail strategic plan?

    When WMT cut store expansion, it announced other initiatives to improve shareholder value... and more just kept right on coming... like a $15B share buy-back plan. So... waht is Walgreens going to do to help shareholder value? Do you even know?

    Sorry, dude, but the only shares I recall Walgreens buying back went into Treasury Stock to fund Executive Share Grants at zero or little or no cost to management which immediately liquidated all such holdings upon grant date.

    Of course, I could be wrong. Please feel free to correct my memory by refreshing us all as to all the executive options that have been RETAINED by executive management.

    We'll all be waiting to hear from you!



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