Walmart (WMT) has released an update.
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Walmart Inc. has implemented a 3-for-1 forward stock split, which took effect after trading hours on February 23, 2024, with the stock trading on a split-adjusted basis set to begin on February 26, 2024. The stock split increased its authorized shares from 11 billion to 33 billion, with the par value per share remaining at $0.10. Shareholders on record as of February 22, 2024, will receive two additional shares for every one they own, resulting in an estimated 8.05 billion outstanding shares post-split.
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