(AP Photo/Charles Krupa, File)
Walgreens Boots Alliance on Thursday reported a 15.5 percent rise in quarterly profit, as sales in its pharmacy business rose helped by its acquisition of Rite Aid stores.
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Net income attributable to Walgreens rose to $1.34 billion, or $1.35 per share, in the third quarter ended May 31, from $1.16 billion, or $1.07 per share, last year.
The company also said it had authorized a $10 billion share repurchase program.
(Reporting by Manas Mishra in Bengaluru; Editing by Maju Samuel)
