Walgreens Boots Alliance Inc (WBA)

[Prudent Capitalist]

Yes. Positive development. Funny how WBA's beat the street estimates, but the shares sold down. hard to understand. The obligatory 5-year stock performance graph in the Annual report cover was sobering. The annual report is a total joke. No financial discussion or message to shareholders, or any mention of money returned to shareholders in the form of dividends and buybacks, etc. Thes reports used to be so great and filled with positive developments. Also, very disappointed to see in the Proxy statement that we will now have 3 Directors with no vested interest in the WBA, i.e. No stock ownership. One has been on the Board since 2020 and still has no stock ownership. We pay these Directors handsomely, i.e. over $300,000 per year, and the 3 with no stock will eventually get their pockets lined with shares. But there are many qualified long-time loyal shareholders who would be more suited and just as qualified to sit on the Board.