The wal-mart reported $15 billion stock repurchase plan

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