Walmart said its Board authorized a 3-for-1 forward split of its common stock on January 30, 2024, and that it filed a Certificate of Amendment after the close of trading on February 23, 2024, which became effective upon acceptance by the Delaware Secretary of State.

1. 01

   Walmart said its Board authorized a 3-for-1 forward split of its common stock on January 30, 2024, and that it filed a Certificate of Amendment after the close of trading on February 23, 2024, which became effective upon acceptance by the Delaware Secretary of State.

2. 02

   The company said the Certificate of Amendment increased its authorized common stock proportionately, from 11,000,000,000 shares to 33,000,000,000 shares, and that the $0.10 par value per share is unchanged.

3. 03

   Walmart said holders of record of its common stock as of the close of business on February 22, 2024 are expected to receive 2 additional shares of common stock after the close of trading on February 23, 2024.

4. 04

   The company said trading on a split-adjusted basis is expected to begin on February 26, 2024. Based on 2,684,264,089 shares outstanding as of February 22, 2024, it calculated that there will be approximately 8,052,792,267 shares outstanding on February 23, 2024, after giving effect to the split.

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Original filing

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