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The wal-mart reported $15 billion stock repurchase plan
by：Lisson
2020-11-25
At the annual meeting on Friday, wal-mart has released $stock repurchase plan, approval in the repurchase program will replace the same number of the original the buyback plan.
As of February 2nd, wal-mart repurchase program only month of the year.
$amount that wal-mart had about $stock repurchase.
Currently, wal-mart's market capitalisation of about $.
Wal-mart's chief financial officer Holly said, wal-mart strong cash flow to make it have the ability to increase investment, and in the past two years, buy back the shares of companies with more than $.
Wal-mart's new plan can be approved for $happy and will continue to share buy-backs.
Wal-mart is the world's biggest retailer, its core customers have a payroll tax growth and rising gasoline prices and income tax delay problems, such as wal-mart are quickly adjust action, such as small packaging products, cheap goods shelves, etc.
Wal-mart announced last month, in the first quarter's profit growth.
%, revenue is also a slight increase, but same-store sales than expected.
By: (eastern time on Friday morning
Beijing time Friday late)
Listed on the New York stock exchange, wal-mart stock up.
To $.
, to increase.
%。
So far this year, the shares have risen about %.
Wal-mart will enforce cost control measures, the aim is to keep profit margins, at the same time, wal-mart's international sales growth.
Edit: jingjing
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