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 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:

Headquartered in: Illinois

Parent Sector: retailing

Parent Industry: retail-pharmacies

Employees (prior to pandemic): 342,000

Employment-related Penalties: $98,261,826

Government-contracting-related Penalties: $367,419,744

Environmental / Healthcare / Safety Penalties: $101,610,821

Consumer Protection / Financial / Competition-related Penalties: $62,546,200

Ratio of CEO Pay to that of Median Worker: 562 to 1

CEO Compensation: $19,156,202

Worker Median Pay: $34,074

Total Federal, State, and Local Subsidies: $24,499,342

Federal Corporate Income Tax Rate: 3.6%