Global Industry: Walmart Announces 3-for-1 Stock Split

Bremerhaven. (bm) Walmart Inc. will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach. More than 400,000 associates participate in Walmart’s Associate Stock Purchase Plan today, which allows eligible associates to buy stock conveniently through payroll deductions and provides a 15 percent company match on the first US-Dollar 1,800 each year. The company expects that the stock split will increase the number of shares of Walmart’s outstanding common stock from approximately 2.7 billion to 8.1 billion shares. Other topics of the week: