Wal-Mart Stores, Inc. Buyback
OLI recorded this information on 6/7/2013
Company: |
Wal-Mart Stores, Inc. |
Buyback: |
WMT buyback |
$Amount Authorized: |
$15,000,000,000 |
Buyback Details: |
Wal-Mart Stores, Inc. (NYSE:WMT) announced at its Annual Meeting of Shareholders that its Board of Directors approved a new program authorizing the company to repurchase $15 billion of its shares, effective June 6, 2013. This program replaces the previous $15 billion program announced on June 3, 2011 (2011 Authorization). As of June 6, the company had approximately $712 million remaining on the 2011 Authorization. Under the share repurchase program, repurchased shares are constructively retired and returned to unissued status. |
Walmart is engaged in global operations of retail, wholesale and other units, as well as eCommerce, located throughout the U.S., Africa, Canada, Central America, Chile, China, India and Mexico. Co.'s segments are: Walmart U.S., which is a mass merchandiser of consumer products, operating under the Walmart and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands; Walmart International, which operates through its wholly-owned subsidiaries in Canada, Chile, China, and Africa, and its majority-owned subsidiaries in India, as well as Mexico and Central America; and Sam's Club, which is a membership-only warehouse club that also operates samsclub.com.
Wal-Mart SEC Filing Email Alerts Service
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Company Name: |
Walmart Inc |
Stock buyback: |
WMT buyback |
Website: |
www.stock.walmart.com |
Sector: |
Department Stores |
Number of ETFs Holding WMT: |
125 |
Total Market Value Held by ETFs: |
$33.53B |
Total Market Capitalization: |
$487.59B |
% of Market Cap. Held by ETFs: |
6.88% |
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