Shares of Walgreens Boots Alliance Inc (NASDAQ: WBA) were trading lower by around 0.75 percent early Thursday morning after the company announced a stock offering of approximately 58 million shares.
Walgreens noted that in connection with its acquisition of Alliance Boots, the company entered into a shareholder agreement with Alliance Boots shareholders, including affiliates of KKR & Co. L.P. (NYSE: KKR) and other selling shareholders.
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This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
"A registration statement covering resales of the shares of our common stock issued to them in the transactions that qualify as registrable securities under the shareholders agreement," Walgreens further noted in its filing. "In connection with the transactions, we directly or indirectly issued shares of our common stock to the KKR shareholders and the other selling stockholders. This prospectus forms a part of a registration statement filed by us as required by the shareholders agreement."
Walgreens also added that it is not selling any shares of its common stock and will not receive any proceeds from the sale of shares.