Business Insider reports that Walgreens has halted its share buyback program.<br />The pharmacy chain revealed it plans to cut 4,000 jobs after reporting worse-than-expected third-quarter figures.<br />The drugstore giant lost $1.95 per share over the period.<br />Thats $1.71 billion overall.<br />The company's Boots UK division saw same-store sales nosedive 48% over the period.<br />The reason? Walgreens says quarantine orders "compelled consumers to consolidate shopping into grocers."<br />The pharmacy chain's shares traded as much as 5.1% lower early Thursday on the news.
