Definition of Issues
relevant to shareholder
interests in
Walgreen Co.
October
23, 2014
The Shareholder Forum has
been asked to define issues concerning stock buyback commitments that
may be relevant to evaluations of a proposed
merger of Walgreen Co. into Walgreens Boots Alliance, Inc.
In an initial
Forum Report
the following subjects were presented for preliminary comments,
inviting participation of Walgreen shareholders as well anyone with
corporate or fund management responsibilities concerned
with broader applications of buyback policies:
1. Calculated equity
share of future enterprise
2. Risk impact on
earnings projections
3. Comparison of
committed and opportunistic buybacks
After learning the views of
a broad range of investor interests, the Forum will present the
defined issues for comments of Walgreen management and then invite
questions and views of the company's shareholders.
(For a summary of Forum
policies guiding this project, see
“Initiating
the Definition of Issues.”) |