Walmart announces 3-for-1 stock split to boost associates' ability to purchase shares and increase outstanding common stock to 8.1 billion.

Walmart has announced a 3-for-1 stock split, with the split being a part of the company's continuing review of optimal trading and spread levels, and its desire for its associates to feel that purchasing shares is easily within reach. The shares issued in the split will be paid after the market closes on February 23 for shareholders on record at the close of business on February 22. Walmart expects that the stock split will result in an increase of the number of shares of outstanding common stock from around 2.7 billion to approximately 8.1 billion shares.

January 30, 2024
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