Walgreens Boots Alliance will be traded under the ticker symbol 'WBA' following merger

DEERFIELD, Ill. — Walgreens on Friday announced that it intends to apply to list the shares of Walgreens Boots Alliance common stock on The Nasdaq Stock Market under the ticker symbol “WBA” following the closing of the previously announced reorganization of Walgreens into a holding company structure.

 

Issued and outstanding shares of Walgreens common stock, par value $0.078125 per share, will be converted automatically into the right to receive shares of Walgreens Boots Alliance common stock, par value $0.01 per share, on a one-for-one basis.

 

Walgreens also announced that it has notified the New York Stock Exchange and the Chicago Stock Exchange of its intention to voluntarily withdraw its common stock from listing on both the NYSE and the CHX and from registration under Section 12(b) of the Securities Exchange Act of 1934. Walgreens proposed delisting is contingent upon the closing of the Reorg Merger, which is subject to, among other conditions, the receipt of shareholder approval.