Walgreens reports 15.5 pct rise in quarterly profit

June 28 (Reuters) - Walgreens Boots Alliance Inc 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.

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)