COVID Stimulus Watch Individual Entry

Recipient Company:
Walgreens Boots Alliance Inc
Loan or Loan Guarantee Amount:
$2,208,042

Recipient Details

Ownership Structure: publicly traded (ticker symbol WBA)

Award Details

Award Date: Nov 18, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Walgreens Boots Alliance
Headquartered in: Illinois
Parent Sector: retailing
Parent Industry: retail-pharmacies
Employees (prior to pandemic): 342,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $98,261,826
Contracting icon
Government-contracting-related Penalties: $367,419,744
Environment icon
Environmental / Healthcare / Safety Penalties: $101,610,821
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $62,546,200
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 562 to 1
CEO Compensation: $19,156,202
Worker Median Pay: $34,074
Tax icon
Total Federal, State, and Local Subsidies: $24,499,342
Federal Corporate Income Tax Rate: 3.6%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources